Stanley to trim workforce
By Furniture Today Staff -- Furniture Today, March 16, 2003
Stanleytown, Va. — Case goods manufacturer and importer Stanley Furniture Co. will lay off 150 workers at its plant in Lexington, N.C., as it ends production of adult bedroom furniture at the factory.
Stanley is shifting all adult bedroom production to its Stanleytown plant, where it also makes dining room furniture. The Lexington plant will focus solely on product for Stanley's Young America youth bedroom line.
Stanley's Martinsville, Va., plant will continue to make home entertainment and home office furniture, and the Robbinsville, N.C., plant will continue making Young America product.
The layoffs in Lexington represent about 6% of Stanley's workforce.
"This realignment allows us to better focus manufacturing operations, thereby producing the most suitable products in each plant and enabling the company to operate all of our facilities more efficiently," said Jeff Scheffer, president and chief executive officer of Stanley.
"We sincerely regret the impact on some of our Lexington associates. However, these difficult decisions are necessary for the long-term competitiveness of the company," he said.
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