Profits steadily rose from 1925 through 1928, and in 1929 the company decided to double its production capacity to meet growing demands.

This time around, the goal of the expansion was not only to meet new demands, but also to modernize the production facilities by increasing automation in the factory.

[4] It was also during this time period that the company's founder, Thomas B. Stanley, was elected to serve as Governor of Virginia, an office he held from 1954 to 1958.

[6][7] The petition was intended to aid the companies in collecting duties against Chinese furniture manufacturers they suspected were selling products in the U.S. for less than fair value.

Through a series of investigations, the Department of Commerce and the U.S. International Trade Commission determined that the claims were valid under the Continued Dumping and Subsidy Offset Act of 2000,[6] and all 23 U.S.-based furniture manufacturers received monetary compensation funded by duties placed on Chinese furniture manufacturers.

[7] In 2009, Stanley announced that the manufacturing of its "Young America" line of furniture would be moved to the United States, primarily its North Carolina and Virginia factories.

In 2010, the firm announced that it would close its Stanleytown[1] manufacturing operation, laying off 530 workers and converting the former factory into a warehouse and distribution center.

In April 2014, the company announced it would close its Robbinsville, North Carolina plant, laying off 400 workers; the closure was in spite of the $9 million it had recently invested in the plant when the company had moved manufacturing of its "Young America" furniture line from China to Robbinsville.

[9] In November 2017, after years of struggling to return to profitability, Stanley Furniture agreed to be sold to Churchill Downs, LLC, a private Vietnamese industry group.

[11] In March 2018, the sale to Churchill Downs, LLC was finalized making Walter Blocker the company's new owner.