James Edgar Broyhill

His father, Isaac Broyhill, was born at Moravian Fall, North Carolina, to a family whose origins can be traced back to England.

In June 1927, Broyhill expanded the operation by agreeing to lease a blacksmith and buggy shop adjacent to a Carolina and Northwestern Railway Depot.

The stock market crash of 1929 soon followed, bringing about the Great Depression which slowed Broyhill's expansion efforts.

A$100,000 consolidation loan that Broyhill secured in 1939 from a local bank helped the company to survive the end of the Depression.

The acquisitions gave Broyhill another 150,000 square feet of floor space, machinery, and a large line of medium-to-low price furniture.

Following the creation of the Premier line, Broyhill grouped the company's remaining products under the label "Lenoir House", which featured more moderately priced furniture.

[5] The Premier line began to turn a profit in the 1960s, around the time that Broyhill constructed a new three-story office and showroom building.

[7] In August 1980, Broyhill was purchased by Interco, Inc., a St. Louis based manufacturer of shoes and clothing, for $151.5 million.

[8] In the early days of World War II, Broyhill was named to the Furniture Industry Advisory Committee of the Office of Price Administration.

James Edgar ("Ed") Broyhill