Furnituremaker files for bankruptcy, to lay off nearly 1,500 workers

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.

[RSS Feed] [del.icio.us]



To sign up for Mississippi Business Daily Updates, click here.

POST A COMMENT

 

Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

FOLLOW THE MBJ ON TWITTER

Top Posts & Pages

%d bloggers like this: