Case goods maker Baronet closes

Knell, Michael J.
November 2007
Furniture/Today;11/19/2007, Vol. 32 Issue 11, p4
Trade Publication
The article reports on the closure of the business operations of contemporary case goods maker Baronet in Sainte-Marie de Beauce, Quebec. The company was reported a victim of a weakening retail environment in North America and a surging Canadian dollar. Baronet has shared that after operating at a loss for nearly two years, and despite added productivity from business restructuring efforts, Baronet Inc. and Baronet USA have been forced to seek protection under the Creditors Arrangement Act.


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