en Bassett Furniture

Bassett Furniture Industries, Inc.
Company type	Public
Traded as	Nasdaq: BSET; Russell 2000 Component
Industry	Furniture
Founded	1902; 123 years ago
Founder	J. D. Bassett; Charles C. Bassett; Samuel H. Bassett; Reed L. Stone;
Headquarters	Bassett, Virginia, U.S.
Key people	Robert H. Spilman Jr. (CEO)
Products	Home furnishings and fixtures
Revenue	US$ 452.5 million (2017)
Operating income	US$ 27.02 million (2017)
Net income	US$ 18.26 million (2017)
Total assets	US$ 293.75 million (2017)
Total equity	US$ 191.46 million (2017)
Number of employees	2,618 (2017)
Website	www.bassettfurniture.com

Bassett Furniture Industries, Inc. is a furniture manufacturer and retailer, headquartered in Bassett, Virginia, United States. It was founded in 1902 by John D. Bassett, Charles C. Bassett, Samuel H. Bassett, Reed L. Stone. Bassett Furniture is one of the oldest furniture manufacturers in Virginia. Bassett operates approximately 60 retail locations in the United States and Puerto Rico and licenses its retail brand to about 40 additional locations.^[1]^[2]

The two brothers, C.C. (Charles Columbus) Bassett and John D. Bassett owned a lumber mill. One day their wives, Roxanne A. Hundley and Pocahontas Hundley came up with an idea to start a furniture company using lumber from the mill.

References

^ Macy, Beth (10 July 2014). "The Decline of an American Furniture Maker". newyorker.com. Retrieved 21 April 2017.
^ Reif, Rita (10 January 1970). "The Little Virginia Town That Thrives on Making Furniture". The New York Times. Retrieved 21 April 2017.

External links

Official website

[1] Macy, Beth (10 July 2014). "The Decline of an American Furniture Maker". newyorker.com. Retrieved 21 April 2017.

[2] Reif, Rita (10 January 1970). "The Little Virginia Town That Thrives on Making Furniture". The New York Times. Retrieved 21 April 2017.

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