Tom Hanks to Produce ‘Factory Man’ on HBO
Tom Hanks, an Academy Award-winning actor, is adding another unique production under his name, as he is all set to produce an HBO miniseries based on a nonfiction book, which highlights the troubles and problems of keeping businesses and the workforce local and outsourcing work to a different country. Read on to learn more about this story.
Deadline reports that Tom Hanks, a prolific actor, director and producer will be producing a miniseries for HBO based on Beth Macy’s “Factory Man: How One Furniture Maker Battled Offshoring, Stayed Local – and Helped Save an American Town.”
The book, according to its official synopsis on Amazon, follows and chronicles the story of the Basset family in Virginia, who have been running The Basset Furniture Company since the early 1900s and became the world’s largest wood furniture manufacturer. As the factory was a mainstay in Basset, Virginia, it became a center of the lives of the inhabitants, and the company became one of the biggest employers in the state. However, in the ’80s, Asian countries and businesses boomed, placing the long-running furniture company in competition with its Asian counterparts. In order to keep up to the times and the demand in furniture at that time, the family was forced to outsource its labor and production overseas. This was not out of the ordinary at that time, as labor and production overseas were much cheaper and more efficient. However, this meant that a lot of local Virginians lost their jobs in the process.
However, this changed when John Basset III decided to take a stand and bring back the factory’s production to Virginia. Today, the company has more than 700 Virginians working for the Vaughn-Basset Furniture Co. and has sales that total more than $90 million.
According to Deadline, the miniseries will be produced by Tom Hanks and Gary Goetzman’s company, Playtone. The two will serve as executive producers for the series, alongside Steven Shareshian and Peter McGuigan who will co-produce the series.
And that’s the latest update on Tom Hanks’ new project, an HBO miniseries based on Beth Macy’s nonfiction book, “Factory Man: How One Furniture Maker Battled Offshoring, Stayed Local – and Helped Save an American Town.” For more news and updates on upcoming and currently airing television shows, keep following Movie News Guide (MNG).
Photo Source: Wikimedia Commons/Yeoman 1st Class Donna Lou Morgan