Sligh 128 Years... a great beginning
By 1933 then company president Chuck Sligh Jr and his partner Bill Lowry were hanging on for dear life. The problem, exacerbated by the depression, was that it took gobs of working capital to cut all the headboards and footboards and dressers and night stands and then finally ship them as a complete group to retailers (and get paid). Bill came up with the idea of offering desks so the company could immediately ship upon completion of the cutting. That was the break-through idea that helped the company regain profitability for the rest of the depression.
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