Furnituremaker files for bankruptcy, to lay off nearly 1,500 workers
Published: September 10,2013
Tags: Chapter 11 bankruptcy, employment, furniture, Furniture Brands International, Gloria Neal, job, layoff, manufacture, manufacturer, manufacturing, Mississippi Department of Employment Security, plant, unemployment, work, worker
NORTHEAST MISSISSIPPI — A financially troubled St. Louis, Mo., furniture company that operates several facilities in Mississippi is filing for Chapter 11 bankruptcy and is set to lay off its 1,451-person workforce in the state.
Furniture Brands International designs, manufactures and markets furniture under a variety of notable brand names, including Broyhill and Thomasville. Its Lane Furniture division operates manufacturing plants in Belden and Saltillo, as well as distribution centers in Verona and Wren and an office in Verona. Furniture Brands employs about 8,900 people globally.
Gloria Neal, chief of workforce services for the Mississippi Department of Employment Security, tells The Clarion-Ledger the company filed notice yesterday of the layoffs. She said the filing indicated the layoffs would start Oct. 14.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Drew Brees settles lawsuit alleging investment fraud
- Doctor convicted of using phony church for tax shelter
- Ex-Delta mayor indicted, accused of stealing city property
- Cochran's legal counsel asks Court to toss McDaniel's lawsuit
- Williams-Sonoma expanding, adding nearly 1,000 jobs
- More than half-dozen groups file charter school applications
- Ex-baliff wants pay or her job back after termination
- State Rep. Patterson switches from Democrats to GOP
- Biloxi baseball project still alive but may be held for 2015