{"id":2806,"date":"2013-12-05T10:55:02","date_gmt":"2013-12-05T05:25:02","guid":{"rendered":"http:\/\/indonesia-furniture.com\/news\/2013\/12\/05\/furniture-brands-broyhill-unit-to-close-nc-plant\/"},"modified":"2013-12-05T10:55:02","modified_gmt":"2013-12-05T05:25:02","slug":"furniture-brands-broyhill-unit-to-close-nc-plant","status":"publish","type":"post","link":"https:\/\/indonesia-furniture.com\/articles\/furniture-brands-broyhill-unit-to-close-nc-plant\/","title":{"rendered":"Furniture Brands&#039; Broyhill unit to close N.C. plant"},"content":{"rendered":"<p>Furniture Brands International&#8217;s Broyhill Furniture Industries subsidiary said Monday that it will close its                         <!--adsense--><br \/>\n\t\t <!--more--><br \/>\ncase goods manufacturing facility located in Lenoir, N.C.<\/p>\n<p> The 628,000-square-foot plant, which employs about 390 people, will cease operations in February 2014, according to a company release.<\/p>\n<p> Furniture Brands said it estimates restructuring, asset impairment and severance charges associated with the plant closure will be about $3 million, almost all of which will be taken in the first quarter next year.<\/p>\n<p> The Broyhill unit closed another Lenoir case goods facility earlier this year, citing increased competition from low-cost imports.<\/p>\n<p> Furniture Brands had reported that for the third quarter ended Sept. 30, its net earnings fell 41.6 percent to $5.8 million, affected by nearly $4.68 million in costs associated with other, previously announced plant shutdowns.<\/p>\n<p> St. Louis-based Furniture Brands International Inc. (NYSE: FBN) manufactures furniture under the Thomasville, Henredon, Drexel Heritage, Maitland-Smith, Broyhill and Lane brands.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Furniture Brands International&#8217;s Broyhill Furniture Industries subsidiary said Monday that it will close its<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-2806","post","type-post","status-publish","format-standard","hentry","category-furniture-world-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/2806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/comments?post=2806"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/2806\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=2806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=2806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=2806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}