876 Employees Return to Norwalk Furniture Corp.

Posted by MCC on August 6th, 2008 at 05:09am

The 876 employees that lost their jobs at the Norwalk Furniture Corp. in July may be returning to work by the end of the week. The financially burdened company is getting help from two investment groups that will help get the company back on it’s feet.

The companies debt that totals over $11 million prompted the banks withdrawal of their credit. Norwalk Furniture Corp. has been in business for 106 years and the agreements just signed will allow the tradition to continue.

With the rising cost of living, the re-opening of the Ohio based company will definitely be a relief for all the employees that were laid off.

Under Furniture News