Home » NEWS » Banking & Finance » Furniture Brands to lay off 1,400 in Mississippi, files for Chapter 11 bankruptcy

Furniture Brands to lay off 1,400 in Mississippi, files for Chapter 11 bankruptcy

Screen Shot 2013-09-09 at 2.33.23 PMSeveral sources have told the Northeast Mississippi Daily Journal that Furniture Brands International has notified the state that it expects to lay off up to 1,451 people at its facilities in Mississippi.

Those facilities would be Lane Furniture, which has manufacturing plants in Belden and Saltillo, as well as an office and distribution center in Verona and another distribution center in Wren.

» See complete story here …

» Read updated story concerning bankruptcy

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Ross Reily

Ross Reily is editor of the Mississippi Business Journal. He is a husband to an amazing wife, dad to 3 crazy kids and 2 dogs. He is also a fan of the Delta State Fighting Okra and the Boston Red Sox.

Leave a Reply

Your email address will not be published. Required fields are marked *

*