Century Furniture parent acquires Classic Leather and St. Timothy Furniture
originally published in Furniture Today
HICKORY, N.C. — RHF Investments Inc., the parent company of Century Furniture, Hancock & Moore, Hickory Chair, Jessica Charles, Highland House Furniture, Maitland Smith and Cabot Wrenn, today announced the acquisition of the operations and assets of Classic Leather and St. Timothy Furniture. Classic Leather is a producer of high end, custom upholstery with a 125,000-square-foot production facility in Conover, N.C.
“Classic Leather has a legacy of crafting high quality upholstery and highly skilled employees. We could not be more excited to welcome this strong group of artisans into the Rock House Brands family. We will work to continue the legacy that the Shores family has created,” said Alex Shuford III, CEO of RHF Inc.
According to RHF, the transaction gradually will boost the upholstery capacity for Rock House Brands as the Classic Leather factory completes its existing backlog and converts over to Rock House Brands production. The factory currently employs more than 80, and Rock House Brands expects to expand the workforce through hiring and training over the coming months.
“Since the founding of Classic Leather in 1966, we have crafted high-quality, artisan furniture, entirely manufactured in Hickory, North Carolina,” said Tommy Shores Jr., president and owner of Classic Leather. “Our partnership with RHF represents tremendous opportunity for our employees, and for the legacy of Classic Leather and its founder, Tom Shores Sr.
“In fact, this partnership feels in many ways full circle to us,” he added. “My father started his career in furniture manufacturing with Century Furniture, working closely with Harley Shuford, who remained a mentor and lifelong friend even after my father started Classic Leather. We are so excited about this opportunity and enthusiastic about working with the Century Furniture brands and RHF Investments.”
Stump & Company was proud to represent Classic Leather in this strategic acquisition.