Federal Judge Seizes Norwalk Machinery

Posted by MCC on October 18th, 2008 at 11:15pm

Despite a order handed down by a federal judge to sieze machinery from the Norwalk Furniture Corporation, the new owners say that it will have no effect on the plans to get the facility up and running again. The company owed close to $40,000 to the United Steelworkers Union and the siezed property will go towards paying the delinquent contributions.

Along with some of the furniture manufacturers machines, an account the company held at Comercia Bank was also included in the order. A spokesman for Norwalk Furniture said that he believes the order only covers any property that still belongs to the company and not any of the equipment purchased by the new owners.

The newest owners have held interviews for 50 to 100 jobs to get the factory running again. However, the still aren’t confident about getting enough furniture orders to get the plant fully operational again.

Before closing after over 106 years of business, the companies had over $100 million in yearly sales and employed 500 local employees. The company also owned factories in Mississippi, Tennessee and had a chain of affiliate stores.

Under Furniture News