— Furniture Today,
WEST LAFAYETTE, Ind. — Chromcraft Revington said it will close its bedroom and dining room furniture plant in Sumter, S.C., next month as part of a restructuring program aimed at reducing fixed costs and improving service to dealers.


The move will result in the loss of about 200 jobs or 17% of the company’s workforce. Sumter-brand products now made in South Carolina will be outsourced to factories primarily in Asia, the company said.

“We believe this restructuring is an important step in repositioning the company in the global furniture marketplace and in strengthening our ability to remain competitive,” said Ben Anderson-Ray, chairman and CEO.

In addition, the company said it will 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.

Plus, the company said it will relocate an upholstered furniture factory in Lincolnton, N.C., to a nearby building in the same town.

Anderson-Ray said the company intends to sell the vacated Lincolnton, Knoxville and Sumter buildings, which could bring in $3.5 million to $4.5 million.

Jeff Faw will remain president of Sumter, while Peters-Revington President Bill Massengill will oversee the integrated Peters-Revington and Silver lines.

Silver President Bobby Ivins will become president of CR Global Services, overseeing the expansion of the company’s global product development, sourcing, quality control and logistics.

The company said it expects to incur 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.

In addition to Sumter, Silver and Peters-Revington, the company produces furniture under the Chromcraft and Cochrane band names.