Caye closing plant, 600 out of work
NEW ALBANY — Caye Home Furnishings is closing its plant in New Albany within the next 60 days, putting 600 people out of work.
The closing of the plant marks the end of an era of sorts.
The Northeast Mississippi Daily Journal reports that at one time, the facility was the largest upholstered furniture manufacturing plant in the world.
Caye Upholstery LLC acquired the Stratford Co. in 2002. It was the Stratford name that Morris Futorian began producing furniture in New Albany in 1948.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Jail kitchen supervisor pleads guilty to stealing food
- Warden who lives hundreds of miles from jail resigns
- Ex-MDEQ leader Fisher joins Butler Snow
- Top 10 finalists chosen for C Spire Conerly Trophy
- A BIG CHANGE: New mortgage rules seen bringing increase in pricey mobile home loans
- State’s new banking chief Charlotte Corley has deep roots in the business
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- Analyst: KiOR Columbus plant may end up sold as scrap
- DAVID DALLAS: Savor this Thanksgiving and be grateful
- BankPlus recognized for alternative program to payday lending