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Article: Jamestown, N.Y.-Based Bush industries Realigns Furniture Business.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- April 3, 2003
CopyrightCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By David Robinson, The Buffalo News, N.Y. Knight Ridder/Tribune Business News
Apr. 3--Bush Industries, the Jamestown-based ready-to-assemble furniture maker whose stock has plunged by 86 percent over the last year, is realigning its furniture business and has replaced the son of the company's chief executive as the head of one of its divisions.
Greg Bush, who had been president of the company's slumping Bush Furniture home office and entertainment products division, has left Bush Industries to "pursue other endeavors," the firm said. The division's sales had dropped by about 30 percent over the last two years.
Under the reorganization, ...