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Statton Furniture Manufacturing Co. to Close
September 29,
2008 by in UnCategorized
By Home Furnishings Business in Case Goods on September 2008
Case goods manufacturer Statton Furniture Manufacturing Co., Hagerstown, Md., will close around the end of the year, the Hagerstown Herald reported Monday.
Statton President T. Hunt Hardinge III said the company’s sales were off significantly in recent months, down about 50 percent in June and August from a year ago, and worse in September. A clearance sale is scheduled for Oct. 11-12. Schlossberg said the company probably will close around the end of the year.
Statton employs around 38 workers.
Statton makes high-end cherry home and office furniture.
Hardinge told the paper it’s hard for the company to compete with low-cost imports and that two important customers, Rose Furniture and Wood-Armfield, both in High Point, have closed in the past two years.
From a 50,000-square-foot plant built in 1926, Statton grew to around 185,000 square feet by 2002, and 10 years ago had 200 employees.