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Through an exchange of common stock, Drexel acquired control in January 1957 of the Morganton Furniture Co., a producer of case goods (a trade term for wooden bedroom and dining room furniture) and Heritage Furniture, Inc. of High Point and Mocksville, a manufacturer of upholstered furniture. Heritage became a wholly owned subsidiary of what became Drexel Enterprises Inc., and Morganton a division of Heritage. Both acquired companies continued to operate autonomously, producing and selling their own regular brand lines.

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Ashley furniture, owned by Ashley Furniture Industries, Inc., makes their products in Wisconsin, Mississippi, California, Pennsylvania, Florida, China and Vietnam.

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Ashley furniture, owned by Ashley Furniture Industries, Inc., makes their products in Wisconsin, Mississippi, California, Pennsylvania, Florida, China and Vietnam.

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