/Chromcraft closing North Carolina plant

Chromcraft closing North Carolina plant

— Furniture Today,
WEST LAFAYETTE, Ind. — Manufacturer Chromcraft Revington said it will close its wood processing facility in Warrenton, N.C., by Dec. 8.


The company plans to sell the 166,000-square-foot facility here and lay off 58 employees. It will source furniture parts produced at the plant from various suppliers, according to a press release.

Chromcraft Revington said the move fits with its goal of improving its global supply chain, while also consolidating operations, reducing fixed costs and improving asset utilization.

Last month, the company announced that it would close its bedroom and dining room furniture plant in Sumter, S.C., in October as part of a restructuring program aimed at reducing fixed costs and improving service to dealers. The company plans to outsource Sumter-brand products to factories primarily in Asia.

Additionally, the company said it would close a distribution center in Knoxville, Tenn., that handles the Silver brand of occasional furniture and combine it with a Peters-Revington distribution center in Delphi, Ind. The company also is moving an upholstered furniture factory in Lincolnton, N.C., to a nearby building.
Chromcraft Revington said it incur pre-tax restructuring costs of $1 million to $1.5 million, mostly in the fourth quarter, at the Warrenton facility.
The company said last month it expected pre-tax restructuring charges of $6 million to $7.5 million to write down the value of equipment, buildings and inventories and pay severance benefits with the closure of the other facilities.
In addition to Sumter, Silver and Peters-Revington, the company produces furniture under the Chromcraft and Cochrane brands.