{"id":4080,"date":"2014-05-25T09:10:32","date_gmt":"2014-05-25T03:40:32","guid":{"rendered":"http:\/\/indonesia-furniture.com\/news\/2014\/05\/25\/dorel-to-close-ameriwood-plant-in-michigan\/"},"modified":"2014-05-25T09:10:32","modified_gmt":"2014-05-25T03:40:32","slug":"dorel-to-close-ameriwood-plant-in-michigan","status":"publish","type":"post","link":"https:\/\/indonesia-furniture.com\/articles\/dorel-to-close-ameriwood-plant-in-michigan\/","title":{"rendered":"Dorel to close Ameriwood plant in Michigan"},"content":{"rendered":"<p>Furniture Today,<br \/>\nDOWAGIAC, Mich. \u00e2\u20ac\u201d Dorel Inds., parent company of ready-to-assemble furniture producer Ameriwood, said it will stop production at Ameriwood\u00e2\u20ac\u2122s factory here in mid-July.<\/p>\n<p>The move will result in the layoff of 170 of the plant\u00e2\u20ac\u2122s 215 employees, said Martin Schwartz, Dorel president and CEO.<br \/>\n                        <!--adsense--><br \/>\n\t\t <!--more--><\/p>\n<p> \u00e2\u20ac\u0153While we remain convinced that there will be sustained demand for domestically manufactured RTA furniture, we have concluded that \u00e2\u20ac\u00a6 our manufacturing footprint exceeds anticipated market needs,\u00e2\u20ac\u009d Schwartz said during Dorel\u00e2\u20ac\u2122s annual shareholders meeting in Montreal.<\/p>\n<p>The shutdown will leave Ameriwood with factories in Cornwall, Ontario, and Tiffin, Ohio, as well as an import program.<\/p>\n<p>\u00e2\u20ac\u0153We believe this will ensure the long term viability of our domestic operations and speed Ameriwood\u00e2\u20ac\u2122s profitability growth,\u00e2\u20ac\u009d said Schwartz.<\/p>\n<p>Dorel, whose shares are traded on the Toronto Stock Exchange, will take a pretax restructuring charge of about C$11 million as a result of the shutdown.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Furniture Today, DOWAGIAC, Mich. \u00e2\u20ac\u201d Dorel Inds., parent company of ready-to-assemble furniture producer Ameriwood, said it will stop production at Ameriwood\u00e2\u20ac\u2122s factory here in mid-July. The move will result in the layoff of 170 of the plant\u00e2\u20ac\u2122s 215 employees, said Martin Schwartz, Dorel president and CEO.<\/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-4080","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\/4080","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=4080"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/4080\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=4080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=4080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=4080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}