Lacquer Craft Manufacturing Co. Ltd. says it’s keeping the current facilities and workforce of the Taylorsville-based company.

Taylorsville, NC — A Chinese furniture manufacturer has reversed a global trend and bought US upholstered-furniture maker Craftmaster Furniture.

Lacquer Craft Manufacturing Co. Ltd. said Tuesday it is buying Taylorsville-based Craftmaster. The purchase price for privately owned Craftmaster was not disclosed.

Lacquer Craft already owns Universal Furniture in High Point and Legacy Classic in Burlington.

The Craftmaster acquisition will round out Lacquer Craft’s upholstery offerings while providing the Craftmaster line with fabrics and parts from China, said Roy Calcagne, who Lacquer Craft named as Craftmaster’s president in addition to his job as senior vice president of Universal’s upholstery division.

“If anything, Craftmaster production will expand,” Calcagne said.

Lacquer Craft, founded in 1995, produces wood furnishings at plants in Dongguan and Shanghai, China, and distributed worldwide by Universal Furniture and Legacy Classic.

Craftmaster will keep its current manufacturing facilities and 425-employee work force in Taylorsville, as well as its sales force and showroom in High Point.

Associated Press/ Hickory Daily Record
Maila Rible , Web Producer