Rowe Cuts 58 Factory Workers

March 16, 2006  by in UnCategorized   

By Home Furnishings Business in on March 2006 A decline in February sales is costing 37 hourly plant workers at Rowe Furniture's Elliston, Va., factory their jobs.

In addition, the upholstery producer also cut 21 positions at its Poplar Bluff, Mo., factory.

Parent company The Rowe Cos. posted a loss of $5.3 million for fiscal 2005. The Rowe Cos. also owns lifestyle retail chain Storehouse.

The company has been in the news most recently for Bruce Birnbach's departure from his newly appointed post of president for Rowe Sourcing. Prior to that, he was president of Rowe Furniture. The company said he left to pursue other opportunities. Earlier this year, Rowe fired its chief financial officer.