Archive for October, 2008
October 13th, 2008 at 08:22am
Under Furniture News
Another round of layoffs is hitting the furniture industry, this time employees in Mississippi will be heading to the unemployment lines. Leggett and Platt which manufacturers hardware components that are used in rockers and recliners announced 259 layoffs.
The company is cutting back on 172 jobs in Saltillo at their Omega Motion plant and another 87 from their Tupelo plant, Super Sagless. The company plans to start the layoffs right before the Christmas season at both plants.
Unlike most furniture workers that have found themselves without jobs in recent months, Leggett and Platt employees will have a safety net. The company has said that all of the workers affected by the layoffs will get at least 60 days of severance pay and benefits. They’re also offering job placement assistance for anyone that is interested.
By MCC
October 7th, 2008 at 10:36pm
Under Furniture News
Both state and local investigators are going over 70 complaints filed by customers that paid for furniture they didn’t receive. The customers paid for furniture from the now bankrupt Bassett Furniture during the companies going out of business sale. And, police say that the number of complaints continue to grow.
Another furniture store, Furnishings by Ludwig is also going out of business in the same area. Pete Jonca the owner is trying to make things right with the Bassett customers by offering them even lower discounts on his already discounted furnishings.
Jonca is slashing the discount to 5% over cost for any Bassett customers that bring in their receipt for purchases that never got honored. At least a dozen of the duped Bassett customers have gone to Ludwig’s to take advantage of the deal.
In the meantime, authorities are investigating the claims and will be doing what they can to make things right for the customers. This isn’t the first case of complaints being filed against a furniture company that’s lost the battle with today’s economy.
By MCC
October 4th, 2008 at 04:39am
Under Furniture News
More bad news for North Carolina as Cochrane Furniture in Lincoln county just announced that it would be shutting it’s doors for good on November 29th. The company is one of Lincoln counties largest employers with almost 200 people working at the factory.
Manufacturing is the biggest industry in the county and the loss of the Chocrane factory will be the last of the furniture makers in the area. The company plans to keep the distribution and warehouse facility open for the first part of next year, but by summer even those facilities will be gone.
Chromcraft Revington Inc. the factories parent company informed employees that the Lincoln company was no longer making a profit. Unlike some shutdowns that have left employees with no other recourse, Cochrane employees have been offered the option of receiving paid schooling to learn other trades.
By MCC
October 3rd, 2008 at 09:35pm
Under Furniture News
Employees of Norwalk Furniture finally received some good news, they may soon be back at work! The company has finally been purchased by around a dozen local investors. The purchase only included the assets held in Ohio and will not effect the Tennessee and Mississippi factories.
The new company called Norwalk Custom Order Furniture has already began taking applications for the newly formed company. The company is expected to hire from 150 to 200 employees. And, while the application process is good news, there’s no guarantee that any of the former employees will get their old jobs back.
Even though some of the former employees has accumulated decades of job time with the old company, everyone hired at the new factory will be considered new hires. None of the former owners remain a part of the new company that was purchased for $2.5 million.
By MCC
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