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Fri August 17, 2012
La-Z-Boy to build new world headquarters; considers staying in Monroe
A long-time Monroe business may decide to stay and build its world headquarters there.
Think "recliner" and chances are La-Z-Boy will come to mind.
The company that makes the famous chairs and other furniture started out in the city of Monroe 85 years ago.
It has about 500 employees at its Monroe location. Now the company wants to build a new facility and says it's interested in staying in Monroe, but is also looking at other sites.
Bob Clark is the city's mayor. He says the City Council will review some economic incentives.
"We have a great historic community, and this gives an opportunity for retention of a long history we have with La-Z-Boy, and also bring more people into our community," Clark says.
Clark says the new headquarters would add about 35 new jobs.
La-Z-Boy is working on a deal to buy 80 acres from the The Congregation of the Sisters, Servants of the Immaculate Heart of Mary.