MEDFORD, N.J. - A New Jersey-based cabinetmaker shut down all of its locations after 97 years of business.
Philly.com reported that DuBell Lumber, a maker of cabinetry, mouldings, stairs, and custom millwork, shut down all of its operations, effective immediately. 157 jobs were eliminated.
"It is with a heavy heart that we must report that DuBell Lumber … has ceased operations effective immediately. All locations are closed,” the company said on its Facebook page.
DuBell management confirmed to Philly.com that the company closed "because of mismanagement and investment issues."
The company was founded in 1922 in East Camden, moving to Medford in 1981 after a fire. Expansions were planned two years ago back into Camden after DuBell received $18 million in tax credits from New Jersey. Philly.com says those tax credits never came through because DuBell never certified that it maintained at least 80 percent of its job commitments - a requirement of the program.
The company was also fined more than $100,000 by OSHA last year for combustible dust hazards and other safety violations.
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