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Hooker Furniture Closes Acquisition of Seating Company Bradington-Young.

Publication: Business Wire
Publication Date: 03-JAN-03
Format: Online - approximately 405 words
Delivery: Immediate Online Access

Article Excerpt
Business Editors

MARTINSVILLE, Va.--(BUSINESS WIRE)--Jan. 3, 2003

Major case goods producer and importer Hooker Furniture Co. (Nasdaq SCM: HOFT) announced today that it has completed its diversification into upholstered furniture, closing its acquisition of Cherryville, N.C.-based seating specialist Bradington-Young.

With fiscal 2002 sales of just under $50 million, Bradington-Young specializes in upscale leather reclining chairs, executive desk chairs and...

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