NEW ON THE BUSINESS SCENE: SILK TREE FACTORY TO CAPE

Silk Tree Factory will open in Cape Girardeau March 1.

Silk Tree Factory, headquartered at Paducah, Ky., will open at 201 S. Broadview in a 45,000-square-foot building that previously housed American Superstores.

Silk Tree Factory was founded by Joe and Cindy Wallace with one store at Paducah five years ago.

Cape Girardeau's store will be the 10th, said Cindy Wallace. Stores in the group range up to 60,000 square feet and are in five states.

Silk Tree Factory considers itself a home-decorating center, said Wallace. The main product, however, is the silk-floral retail and wholesale business.