Suppliers seek Kensington bankruptcy
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- Upholstery mfr. Kensington won't resume production. Evans, Gary // Furniture/Today;11/5/2001, Vol. 26 Issue 9, p2
Reports on the decision of the board of directors of upholstery manufacturer Kensington Furniture on the abandonment of production in Mississippi. Appointment of turnaround specialist Jim Ruane to restructure the company; Filing of bankruptcy on Ruane's plan to consolidate the company;...
- Kensington aims to stay open under Ch. 11. Evans, Gary // Furniture/Today;7/23/2001, Vol. 25 Issue 45, p12
Reports the call of Kensington Furniture to remain open under Chapter 11 bankruptcy protection. Petition of fabric suppliers to force Kensington into Chapter 7 liquidation; Commitment of the company to secure financing; Continuance in the operation of Mississippi plants.
- Kensington to expand. O'Mara, Sheila Long // Furniture/Today;09/18/2000, Vol. 25 Issue 3, p6
Highlights the expansion plans of upholstery producer Kensington Furniture. Company's purchase of property in Houlka, Mississippi; Kensington's plan to build a facility to house additional manufacturing, warehousing, and corporate headquarters.
- Kensington opens plants; Engle resigns as president. Evans, Gary // Furniture/Today;6/25/2001, Vol. 25 Issue 41, p4
Reports on the reopening of upholstery manufacturer, Kensington Furniture in Houlka, Mississippi on June 6, 2001. Return of the employees at the company's three plants in northeast Mississippi; Resignation of Murray Engle as president and chief executive officer.
- Kensington to sell 4 plants, trim line. Evans, Gary // Furniture/Today;8/27/2001, Vol. 25 Issue 50, p1
Reports the selling of four plants of Kensington Furniture in Tupelo, Mississippi. Application for a Chapter 11 bankruptcy protection; Financial status of Kensington Furniture; Reorganization plan of the company.
- Kensington's future still mystery. Evans, Gary // Furniture/Today;06/18/2001, Vol. 25 Issue 40, p4
Reports the closure of Kensington Furniture business in Houlka, Mississippi. Deficiency of information regarding the operation; Dismissal of employees; Reasons for the shutdown of the company.
- The end for Kensington? Evans, Gary // Furniture/Today;06/11/2001, Vol. 25 Issue 39, p4
Reports the suspension of the operation of Kensington Furniture, a manufacturer of motion and stationary upholstery in Mississippi. Reason for the shutdown; Loss of manufacturing jobs; Increase in flow of production overseas.
- Fire at Kensington won't affect shipments, market. Evans, Gary // Furniture/Today;04/09/2001, Vol. 25 Issue 31, p131
Reports on the destruction wrought by a fire at a warehouse and production facility of upholstery maker, Kensington Furniture, in Houlka, Mississippi. Estimated cost of damages; Expected impact of the fire on the company's shipment plans.
- Industry urges Clinton to sign bankruptcy bill. Welch, Rubert // Furniture/Today;12/18/2000, Vol. 25 Issue 15, p6
Reports on United States furniture industry officials' urging of President Bill Clinton to sign the bankruptcy reform measure passed by Congress. Comments from the National Home Furnishings Association and the American Furniture Manufacturers Association.
