FBI to eliminate 330 jobs

April 2007
Furniture/Today;4/30/2007, Vol. 31 Issue 33, p4
Trade Publication
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.


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