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SPRING LAKE - Izzydesign and its parent company JSJ Corp. have signed a letter of intent to purchase Jami Inc., a holding company in Overland Park, Kan., that owns plants producing four brands of furniture in Florence, Ala., and Middlebury, Ind., with a total of about 400 employees.
The acquisition would approximately triple the izzydesign work force.
"Part of our business model. philosophy is the concept of having manufacturing sites of excellence that can support the heeds of multiple brands," said izzydesign founder and president Chuck Saylor.
Jami brands include Harter conference and executive seating and tables; Fixtures Furniture stack seating and multi-purpose tables for education, health care and corporate spaces; Zoom Seating, which makes mid-market ergonomic task seating; and ABCO Office Furniture, which includes modular tiniture, computer. furniture, and conference and training tables.
Each of the four Jami brands has its own market niche, according to Saylor, and will continue to pursue its independent brand position, working with izzydesign to leverage its strength in its market segment.
The transaction is expected to close in May,...