Furniture manufacturer shutters plant
IUKA — An upholstered furniture manufacturer in north Mississippi has gone out of business, putting 35 people out of work.
Meridian Furniture Manufacturing occupied a 120,000-square-foot building in Iuka owned by Tishomingo County.
Tishomingo County Development Foundation executive director Gary Matthews told the Northeast Mississippi Daily Journal the company was unable to secure operating capital in order to stay open.
Meridian’s departure leaves two furniture manufacturers in the county, Max Home and Jamco. Together they employ about 190.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- DAVID DALLAS — Cannabis for the rest of us
- MARTY WISEMAN: The current racial strife and the failure to educate
- Source: Bryant has offered Glenn McCullough MDA job
- BILL CRAWFORD: Boyce takes hot spot as IHL commissioner
- Planters Bank promotes at 3 locations
- COMMERCIAL FINANCE 701: Loans disguised as government bonds (BOANs)
- (WITH VIDEO) Funding secured for Capitol Art Lofts in downtown Jackson
- Real Estate Forum panelists: Lenders, investors hungry for deals on residential rentals in Miss., elsewhere
- Two new casinos like the odds on Mississippi Gulf Coast