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Tag Archives: Beneke Magnolia Inc.

Sanderson Plumbing Products to begin sizable layoffs next week

COLUMBUS, Mississippi — Three-quarters of the 230-person workforce at bankrupt toilet seat maker Sanderson Plumbing Products will be out of a job by the middle of next weel unless an investor steps in with money to keep the company running. The layoffs likely would have occurred already but for a federally required 60-day plant closing notice that expires April 29. ...

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Beneke’s acquisition of Sanderson Plumbing Products saves 400 jobs

In a move that ensures Sanderson Plumbing Products Inc. will remain in Columbus and keep its 400-person workforce intact, Beneke Magnolia Inc. has acquired the 110-year-old maker of toilet seats. The Mississippi Development Authority provided the locally-owned Beneke Magnolia a $2.5 million loan to assist with the acquisition. The MDA made the loan through its Existing Industry Loan Program. The ...

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