Toledo Blade: Norwalk's (Ohio) largest manufacturer shuts today, idling 600 workers

[marmar]

Norwalk's largest manufacturer shuts today, idling 600 workers


Norwalk Furniture Corp., the city’s largest manufacturer and its second-biggest employer, suspended operations at its local facility today, idling nearly 600 workers. In a weekend statement, the privately-held company blamed the suspension of operations at its plant in Norwalk and another in Tennessee on a slowing economy and changes in the furniture industry. Norwalk Furntiure’s sales dropped $8 million from 2006 to 2007.


http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20080721/DEVELOPINGNEWS/53872311

[madrchsod]

1. most furniture is now being made in china

[Blue Diadem]

2. It sounds like this came up suddenly, no real advance notice to workers..

Although anytime a company hires a new management firm to restructure you know there's a major problem.

A little more indepth article here:

http://www.norwalkreflector.com/articles/2008/07/21/front/iq_586360.txt