Ethan Allen plans to expand manufacturing

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DANBURY, Connecticut, September 27, 2021 (GLOBE NEWSWIRE) – Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) today reaffirmed its commitment to maintaining and expanding its North American workshops where customization helps create quality products. To continue this commitment, Ethan Allen is actively recruiting new employees for its manufacturing operations in Beecher Falls and Orleans, Vermont, despite escalating manufacturing costs.

Farooq Kathwari, Chairman, President and CEO of Ethan Allen said, “We are delighted to see that our business continues to be strong as we work to deliver customer orders and help them make their home a haven of peace. Our commitment to making most of our own products has proven to be both a strategic and a brand advantage. We are fortunate to have maintained and developed our manufacturing facilities in North America, which allows us to be in a better position to serve our customers. We also continue to make major investments in technology.

On a recent visit to Vermont, Kathwari recalled the company’s vibrant local history, which spans nearly 90 years. Ethan Allen is proud to be one of the North East Kingdom’s largest employers. “We’re named after one of Vermont’s most revered historical figures, and we started our business in Beecher Falls in 1932,” says Kathwari. “Many of the associates at our Vermont plants come from families who have worked with us for generations. “

Kathwari continued, “However, over the past twenty years our production in Vermont has seen significant declines due to a number of factors including labor shortages and escalating manufacturing costs. . Our growth and future expansion is dependent on attracting and retaining strong talent while controlling key manufacturing costs in Vermont, including increasing state income taxes, property taxes and building costs. electricity. “

As part of its strategy to attract and retain talent, the company recently increased his starting salary to $ 16.00 an hour along with increases for more experienced associates, a move that Kathwari hopes will attract and will retain a new generation of artisans in Ethan. Allen’s team of craftspeople. “Competitive salaries, along with our strong focus on safety, excellent medical benefits, unwavering environmental commitment and a reputation for unsurpassed quality have always made our workshops an exceptional place to build a career,” noted Kathwari.

In addition to two fabrication shops in Vermont, Ethan Allen also operates a design center in the western part of the state at Shelburne. Ethan Allen appreciates the contributions of his Vermont associates and looks forward to continued growth in the region.

“I am delighted that we have made the decision to add more associates and increase base salaries in Vermont, and I have no doubts that this will help us attract additional talented people, including those who are just starting out. », Concluded Kathwari.

ABOUT ETHAN ALLEN
Ethan Allen Interiors Inc. (NYSE: ETD) is a leading interior design company, manufacturer and retailer in the home furnishings market. The Company is a global luxury home fashion brand that is vertically integrated from product design to home delivery, providing customers with elegant product offerings, craftsmanship quality and personalized service. The Company provides free interior design service to its customers and sells a full line of home furniture through a retail network of approximately 300 design centers in the United States and the United States of America. abroad as well as online at ethanallen.com. Ethan Allen owns and operates nine manufacturing plants located in the United States, Mexico and Honduras, including a sawmill, roughing plant and lumber yard. Approximately 75% of its products are manufactured or assembled in these North American facilities. For more information on Ethan Allen’s products and services, visit www.ethanallen.com.

Contact:
Geri Moran
Vice-President, Marketing and Public Relations
203.743.8374
geri.moran@ethanallen.com


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