La-Z-Boy Unveils New World Headquarters

Sleek and stylish work environment marks latest development of company’s evolution

MONROE, MICH., (June 5, 2015) - In a move that demonstrates the next step in the brand's evolution, La-Z-Boy recently opened its fresh, new-from-the-ground-up World Headquarters in Monroe, Mich. with a breathtaking design that captures the iconic brands sleek new style.

The 200,000-square-foot, three-story facility features an open floor plan and flexible workspace, designed to help foster greater collaboration, innovation and creativity. Throughout the headquarters, a large variety of working and gathering spaces are available to employees to provide maximum flexibility for every working situation from treadmill desks to rooftop patios.

A critical emphasis was placed on the interior design, giving employees a stylish, warm environment that includes a dramatic atrium, collaborative seating areas, fireplaces, quiet rooms, natural wood, modern fabrics and colors. The brand known for comfort has essentially built a commercial building with a welcoming and residential feel.

The new building sits on 120 acres, roughly a mile from La-Z-Boy's original location in Monroe, and includes 80 acres of an untouched nature preserve that features a protected oak savanna, as well as a 3/4 mile walking trail for employees.

"We had the opportunity to build something brand new, giving every consideration to what kind of space our employees would be excited to work in, as well as represent the design and technology of our products," said Kurt L. Darrow, Chairman, President and Chief Executive offer for La-Z-Boy, Inc. "It was also important for us to continue our commitment to Monroe and the state of Michigan. We've been a huge part of this community for over 88 years, and we're pleased to bring what we believe is one of the state's top work environment's to the area."

There are approximately 500 La-Z-Boy employees located on-site, with space to allow for future growth. The headquarters also boasts a full-service kitchen that offers breakfast, lunch and carry-out dinners, as well as an employee marketplace.

In line with other leading-edge consumer brands, technology was also key. The building features electronic room scheduling devices, wireless connectivity throughout, and a high-end audio and video system to enhance the atmosphere and increase communication.

The building, which has been equipped with numerous energy-saving features, is currently pending Silver LEED certification.

"The La-Z-Boy brand has been evolving for years with newly designed stores that feature a wide range of stylish furniture options for every home," said Darrow. "This building makes a bold statement about our brand, while still paying tribute to our roots and demonstrating our journey for the future."

About La-Z-Boy

Headquartered in Monroe, Mich., La-Z-Boy has been producing some of the world’s most comfortable furniture for over 85 years. The company manufactures a full line of comfortable products for the living room and family room, including the company’s world-famous recliners, reclining sofas and love seats, sleep sofas, modular furniture and leather upholstery, as well as stationary sofas, love seats and chairs. It is a division of La-Z-Boy Incorporated (NYSE: LZB), one of the world’s leading residential furniture producers, marketing furniture for every room of the home. "Live Life Comfortably.®"