Swedish furniture and home goods retailer Ikea will cut more jobs than previously announced, as furniture sales plummet. The latest layoffs target production and logistics. The international retailer has not announced how many more jobs will be lost. In the past year, it has cut 5,000 positions. The firm still intends to open 50 new stores, creating [...]
Continue reading...Monday, June 15, 2009
Tennessee’s Volunteer Fabricators, a manufacturer of hotel furniture, will go out of business at the end of July, laying off the 145 workers at its two plants. One hundred and fifteen employees in Sneedville, and 30 in Bean Station, will lose their jobs. The company laid off 40 workers beginning in January. The company also tried reducing [...]
Continue reading...Thursday, June 4, 2009
Ethan Allen Interiors will expand its Maiden, North Carolina upholstery plant, creating 300 new jobs over three years. The furniture manufacturer will replace 150 jobs lost in recent layoffs, and add 152 new positions. The firm received incentives from the One North Carolina Fund. Danbury, Connecticut’s Ethan Allen Global is a North American furniture chain with almost 300 [...]
Continue reading...Tuesday, April 28, 2009
American of Martinsville is merging with Barcalounger Home, creating 94 jobs at its Martinsville, Virginia manufacturing plant. American of Martinsville will make a $1.4 million investment in equipment at the plant, creating the new jobs. It currently employs 121. Barcalounger will move its corporate HQ to American of Martinsville’s headquarters, which employs 40. Fourteen new positions will [...]
Continue reading...Saturday, April 18, 2009
The Uttermost Co. of Franklin County, Virginia laid off an undisclosed number of employees this week, said to be “fewer than 25.” Mathematicians agree this means the most likely number of layoffs is… carry the three… 24. The company has 290 employees at its Rocky Mount factories. Uttermost manufactures and distributes home accessories., including mirrors, lamps, framed [...]
Continue reading...Saturday, April 4, 2009
New York’s WestPoint Home will close its Elkin, North Carolina plant in June, and cut 134 jobs. WestPoint, which makes bed & bath home fashions, will also close its blanket plant in Biddeford, Maine, and another plant in Chipley, Florida. In the midst of the worst economic meltdown since the Great Depression, WestPoint has chosen to offshore [...]
Continue reading...Friday, April 3, 2009
La-Z-Boy plans to cut 250 jobs as it consolidates its plant in Wilkes County, North Carolina with the one in Caldwell County. Caldwell County officials have given the company $500,000 in incentives. The consolidation will add 30 jobs to the 200-employee plant in Caldwell over five years. Wilkes County manager John Yates said he had not heard [...]
Continue reading...Wednesday, March 25, 2009
Carpet and flooring company Shaw Industries Group will close two plants in Georgia, eliminating 600 jobs. The Dalton, Georgia-based company will shutter a spun yarn facility in Calhoun and a filament yarn facility in Valdosta. Production at the plants will cease in the next few weeks. Shaw employs about 18,000 people in Georgia, and will try to [...]
Continue reading...Saturday, March 7, 2009
Vaughan-Bassett furniture’s Galax, Virginia headquarters and manufacturing facility is expanding, creating 100 new jobs. The $2.15 million project will also save 500 existing jobs, Governor Timothy M. Kaine announced. Vaughan-Bassett manufactures bedroom and dining room furniture. The company employs more than 550 workers at its Galax facility. Share This Story:
Continue reading...Sunday, March 1, 2009
A brand new Lowe’s home improvement store has opened in Ticonderoga, New York, creating 112 new jobs. Most of the jobs are full-time positions, 96% of which were filled by locals. “It’s nice to travel a mile and a half and come to work in my community,” said area man David Patnode, who used to commute to [...]
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Tuesday, July 7, 2009
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