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W E Bassett Co history
W E Bassett Co company history timeline
In 1959, there were still four separate marketing organizations for Bassett products--the Bassett Furniture Co., J.D. Bassett Manufacturing Co., William M. Bassett Furniture Co., and the Bassett Table Co.
By 1960, corporate-wide sales had reached $60 million, employment had risen to more than 3,000, and Bassett Furniture Industries had become the world's largest manufacturer of wood furniture.
By 1964, when Bassett Furniture Industries became the first furniture manufacturer to advertise in Reader's Digest, the marketing program was reaching more than 445 million readers.
By the time he died in 1965 at the age of 98 he was able to see dramatic changes taking place in America's preference for furniture produced in the South as opposed to furniture produced in the North, the cradle of the American furniture industry."
Bassett Furniture Industries' sales topped $139 million in 1969.
That same year, it purchased the National Mount Airy Furniture Co., a manufacturer of upscale furniture in Mount Airy, North Carolina, followed by acquisition of the Weiman Co., a manufacturer of heirloom-quality furniture in Christianburg, Virginia, in 1979.
The company also acquired Impact Furniture Inc., a manufacturer of low-end occasional and bedroom furniture in Hickory, North Carolina, followed by the purchase of Motion Chair Inc., a maker of recliners, in 1986.
Seeing this trend, Bassett opened its first store in 1997.
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W E Bassett Co competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Global Harvest Foods | 1982 | $21.0M | 89 | - |
| Tubelite | 1925 | $1.7M | 50 | - |
| Xlear | 2000 | $3.1M | 35 | - |
| Kenney Manufacturing | 1914 | $140.0M | 600 | - |
| Outokumpu Stainless Inc. | 1990 | $226.1M | 550 | - |
| PaperWorks | 2008 | $190.0M | 80 | 17 |
| Cascade Designs | 1972 | $6.9M | 200 | 16 |
| Nutraceutical | 1994 | $233.0M | 810 | 4 |
| Mactac North America | 1959 | $230.0M | 750 | 60 |
| Betco | 1950 | $47.0M | 200 | 14 |
W E Bassett Co history FAQs
Zippia gives an in-depth look into the details of W E Bassett Co, including salaries, political affiliations, employee data, and more, in order to inform job seekers about W E Bassett Co. The employee data is based on information from people who have self-reported their past or current employments at W E Bassett Co. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by W E Bassett Co. The data presented on this page does not represent the view of W E Bassett Co and its employees or that of Zippia.
W E Bassett Co may also be known as or be related to The W. E. Bassett Co., W E Bassett Co and W.E. Bassett Company.