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In 1972, Lane bought a small reclining chair company in Tupelo, Mississippi, named Action Industries. Action sustained tremendous growth through gains in market share and product diversification through the next 20 years becoming a major force in the upholstered furniture industry. Eventually, Action changed its name to Lane Furniture. Today, Lane is owned by United Furniture Industries, one of the fastest growing and largest manufacturers of upholstery and case goods in the U.S.

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AnnA Dickerson

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4y ago

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