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Lexington cuts wood workforce

By Furniture Today Staff -- Furniture Today, March 6, 2005

Lexington, N.C. — Full-line manufacturer and importer Lexington Home Brands last week cut back operations at its last domestic case goods plant here, laying off 65 workers.

Lexington cited lower demand for domestic goods, which had resulted in higher inventories and reduced worker hours.

"While our overall business in the first quarter to date has been strong ... the mix of orders between domestically produced and imported product continues to swing in favor of the higher-value imported lines," said Chairman and CEO Bob Stec.

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