TITLE

FBI to eliminate 330 jobs

PUB. DATE
April 2007
SOURCE
Furniture/Today;4/30/2007, Vol. 31 Issue 33, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of Furniture Brand International to eliminate about 330 positions and close three plants in North Carolina to generate annual savings of about $13 million. Thomasville Furniture Industries will consolidate case goods operations from its facility in Thomasville into its Lenoir facility, reducing about 100 jobs. It expects net of tax benefit of about $2.5 million or 5 cents per share, spread evenly over the second and third quarters.
ACCESSION #
24915574

 

Related Articles

  • Thomasville to close N.C. plant.  // Furniture/Today;6/25/2001, Vol. 25 Issue 41, p4 

    Focuses on Thomasville Furniture's decision to close its case goods plant in West Jefferson, North Carolina.

  • Thomasville closing plants in Miss., Tenn. Linville, Jeff // Furniture/Today;03/12/2001, Vol. 25 Issue 27, p26 

    Reports on Thomasville Furniture's closure of a plant in Fayette, Mississippi and one in Johnson City, Tennessee. Number of workers to be affected by the closures; Measures to be taken by parent company Furniture Brands International to reduce United States capacity; Transfer of production of...

  • Thomasville plans to close N.C. plant in December.  // Furniture/Today;9/23/2002, Vol. 27 Issue 4, p4 

    Reports the closure on the Plant B factory of Thomasville Furniture Industries Inc. in Thomasville, North Carolina. Schedule of the closure; Reason for closure of the factory.

  • Thomasville to Cut 220 Jobs.  // Wood & Wood Products;Dec2003, Vol. 108 Issue 13, p16 

    Reports on the reduction of employees in Thomasville Furniture Industries Inc. of Thomasville, North Carolina. Number of jobs to be affected; Reason for the reduction in the number of employees; Implication for the layoffs in the company.

  • FBI settles patent lawsuit against Lifestyle.  // Furniture/Today;1/12/2009, Vol. 33 Issue 19, p29 

    The article reports that Furniture Brands International Inc. (FBI) has settled a patent infringement lawsuit with Lifestyle Enterprise Inc. in the U.S. Under the settlement, Lifestyle agrees to a limited phase-out of its existing inventory to select customers and make a payment to FBI's company...

  • Thomasville adds 5 dedicated stores.  // Furniture/Today;4/11/2005, Vol. 29 Issue 31, p234 

    Reports on Thomasville Furniture Industries' opening of five dedicated stores in the states of California, Georgia, Kansas, Missouri and Virginia. Area of the individual stores; Number of dedicated stores of the company, which is a subsidiary of Furniture Brands International, the largest...

  • Thomasville closing another N.C. plant.  // Furniture/Today;6/23/2003, Vol. 27 Issue 41, p6 

    Reports on Thomasville Furniture Industries Inc.'s closure of its Plant H case goods factory in Winston-Salem, North Carolina in October 2002. Reason for the move; Implications for the company.

  • Thomasville closing N.C. uph. plant.  // Furniture/Today;7/5/2004, Vol. 28 Issue 43, p8 

    Reports on the decision of Thomasville Furniture to close its upholstery plant in Statesville, North Carolina in an effort to consolidate operations in Hickory and Troutman.

  • We should acknowledge human cost of imports. Slaughter, Powell // Furniture/Today;6/30/2003, Vol. 27 Issue 42, p62 

    Focuses on the need for furniture makers to acknowledge the human cost of plant closures in light of Thomasville's closure of its case goods plant in Winston-Salem, North Carolina. Insights on the plight of displaced workers and changes in their lives brought by plant closures.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics