Tag Archives: furniture

Lane Furniture back in play with latest bids … 1,400 jobs could still be saved

October 1, 2013

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By Dennis Seid Furniture Brands International will be in bankruptcy court in Delaware on Wednesday, as a judge will consider several motions. Among them: Oaktree Capital Management‘s larger bid for the company and its assets – including Lane. After filing for Chapter 11 bankruptcy protection on Sept. 9, Furniture Brands had said it favored a bid […]

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

September 9, 2013

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Several 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 […]

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