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A New York investment company, G.L. Ohrstrom & Company, purchased Jasper Cabinet Company in 1972. Jasper held the business until 1986 when it was acquired by Avenir Group, Inc. Avenir Group, Inc., due to a crippling strike in 1999 from which it never fully recovered, closed its doors in October of 2002. In July of 2005, Jasper Cabinet was restarted with its present line of quality, well made furniture. Jasper Cabinet Company developed into one of the fine furniture factories in the country. The company was recognized as the leader in its field and the innovator of many of the fine features of American made furniture. Jasper Cabinet was the world’s leading producer of top quality curios, desk, wine racks, dressers, entertainment centers, TV stands, and other accent furniture.