State College furniture store acquired by Pittsburgh-based company
Robert Levin, former president and owner of Pittsburgh-based Levin Furniture, is coming out of retirement to prevent the company from going out of business, and will acquire Wolf Furniture stores as part of the deal.
On Thursday, the company announced that Levin reached an agreement to absorb the Pennsylvania and Ohio assets of Levin and Wolf Furniture through a court restructuring of the parent company Art Van Furniture, LLC, which announced it will be closing all of its stores after Levin’s announcement.
“I’m coming back as the owner of Levin Furniture for the employees who were at risk of losing their jobs,” Levin said in a release. “They are the most loyal, dedicated and hardworking people I’ve ever known. It will be a privilege and honor to once again lead this company as we prepare to celebrate 100 years in the furniture and mattress business.”
The State College Wolf’s store — located at 138 Valley Vista Drive — is included in the deal.
“I am thrilled to welcome the Pennsylvania Wolf Associates to our Levin family and look forward to getting to know them,” Levin said.
Levin Furniture was founded in 1920 in Mt. Pleasant, Pennsylvania by Levin’s grandparents, Sam and Jessie Levin. The company will celebrate its 100-year anniversary this year.
“I especially want to thank all of our loyal customers and assure them that we will continue to provide them with the services that they’ve come to expect from us,” he said. “I also want to assure them that all of their deposits and purchases are safe and secure. Our customers are the lifeblood of our business, and we are truly grateful for their continued support.”
