July 25, 2014 11:46 PM ET

Household Durables

Company Overview of Heritage Home Group, LLC

Company Overview

Heritage Home Group, LLC designs, manufactures, sources, and retails home furnishings. The company provides furniture, rugs, lighting and decorative accessories, mirrors, tables and accent pieces, sofas and sectionals, and other furniture products. It markets and sells its products through its retail stores, interior designers, multi-line and independent retailers, and mass merchant stores. The company was founded in 2013 and is based in St. Louis, Missouri. Heritage Home Group, LLC is a former subsidiary of FBI Wind Down, Inc.

1 North Brentwood Boulevard

7th Floor

St. Louis, MO 63105

United States

Founded in 2013

Phone:

314-863-1100

Fax:

314-863-5306

Key Executives for Heritage Home Group, LLC

Chief Executive Officer and President
Age: 62
Chief Financial Officer
Chief Operating Officer
Age: 58
Chief Accounting Officer
Age: 46
Senior Vice President of Retail
Compensation as of Fiscal Year 2014.

Heritage Home Group, LLC Key Developments

Heritage Home Group, LLC to Close Morganton Furniture Plant, Laying Off 87

Heritage Home Group, LLC is closing its Drexel Heritage plant in Morganton, laying off 87 employees by the end of July 2014. The Morganton operation will be the third of the companyâ s North Carolina plants to shut its doors since the start of the year. The total number of jobs lost split between Morganton, Thomasville and High Point now stretches above 250.

Heritage Home Closing Drexel Heritage Plant in Morganton, N.C

Heritage Home Group is closing its Drexel Heritage plant in Morganton, N.C., a move that will affect 87 jobs. The company notified the N.C. Department of Commerce of the closing on May 30, 2014. In the notice, the closure is expected to be completed by July 31, which gives the 60-day notification period required under the Worker Adjustment and Retraining Notification Act relating to closings affecting 50 or more workers.

Heritage Home Group Announces Closing Clayton and Ballwin Offices, Resulting in More Than 150 Layoffs

Heritage Home Group announced that is relocating its headquarters to North Carolina and is closing its Clayton and Ballwin offices in 2014, resulting in more than 150 layoffs. A Worker Adjustment and Retraining Notification (WARN) notice filed with the state of Missouri on April 25 indicates that 157 employees of Heritage Home Group will lose their jobs because of the move.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 1, 2013
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