NEW ALBANY, MS -- Approximately 600 jobs will be lost when Caye Home Furnishings closes its upholstered furniture manuacturing plant within the next 90 days.
According to NEMS360, the plant was once the largest uphostered furniture manufacturing operation in the world. Caye Home Furnishings bought it from Stratford Furniture in 2002.
Caye Home Furnishings also operates two manufacturing facilities in Taylorsville, NC; Star, NC; and Tampa, FL.
Ken Pruett, president of the Mississippi Furniture Association, said told the news organization, “While the industry has been making big headlines with expansions and new jobs, the reality is that we’re not out of the woods yet,” he said. “We’ve got a lot of smaller companies who are struggling, and in this case, a well-established company struggling, too. So while we took a step forward with those expansions, we just took two steps back with this news.”
In recent weeks Albany Industries announced plans to open a plant in Ripley, MS, a move that would create 200 jobs. A week before that, Southern Motion said it would add at least 200 jobs as the result of an expansion of its Pontococ, MS, facility.
Read NEMS360's report on Caye Home Furnishings.
According to NEMS360, the plant was once the largest uphostered furniture manufacturing operation in the world. Caye Home Furnishings bought it from Stratford Furniture in 2002.
Caye Home Furnishings also operates two manufacturing facilities in Taylorsville, NC; Star, NC; and Tampa, FL.
Ken Pruett, president of the Mississippi Furniture Association, said told the news organization, “While the industry has been making big headlines with expansions and new jobs, the reality is that we’re not out of the woods yet,” he said. “We’ve got a lot of smaller companies who are struggling, and in this case, a well-established company struggling, too. So while we took a step forward with those expansions, we just took two steps back with this news.”
In recent weeks Albany Industries announced plans to open a plant in Ripley, MS, a move that would create 200 jobs. A week before that, Southern Motion said it would add at least 200 jobs as the result of an expansion of its Pontococ, MS, facility.
Read NEMS360's report on Caye Home Furnishings.
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