United Furniture Industries announces reorganization, plant closures
Move will reduce global workforce from about 3,000 to 2,700 TUPELO, MISS. – United Home Furnishings, the parent company of case goods and upholstery manufacturer …
Category: Supply chain logistics
Corsicana bankruptcy filing identifies top unsecured creditors
List of companies includes suppliers from U.S. and around the world DALLAS — Corsicana’s top 20 unsecured creditors listed in its bankruptcy filing shows a …
Raffel Systems plans to request federal investigations into Man Wah’s conduct
The company seeks U.S. Federal Trade Commission and U.S. International Trade Commission inquiries into alleged unfair trade practices and a CPSC review of product safety. …
DispatchTrack launches hybrid static/dynamic routing
CAMPBELL, Calif. — DispatchTrack, the leading solution provider of right-time delivery management software, today announced the availability of its hybrid routing solution which combines static …
Court grants first-day motions in Corsicana’s Chapter 11 bankruptcy case including $58M in DIP financing
DALLAS – Corsicana said it expects to continue its ongoing operations thanks to the availability of $58 million in debtor-in-possession financing facilities approved as part …
Skilled labor the next front in the war for disposable income
Globalization fraying at the edges and everywhere in between In my town, probably like yours, “Help Wanted” signs are ubiquitous and, as I prepare to …
New federal safety standard for infant sleep products now in effect
WASHINGTON, D.C. — A new safety standard for infant sleep products has taken effect for babies up to five months old, the United States Consumer …
Corsicana update: $145M in debt, slump in business led to Chapter 11 bankruptcy
Declaration spells out key financial challenges that have hurt the mattress manufacturer DALLAS — The burden of more than $145 million in funded debt combined …
Corsicana Mattress Company files for Chapter 11 bankruptcy
DALLAS — Corsicana Mattress Company and various affiliated entities filed for voluntary Chapter 11 bankruptcy protection Saturday as part of a plan to restructure and …
Are you ready for an ugly 12 months?
Might as well rip the Band-Aid off and just come out and say it: It’s going to be an ugly, rough ride for the furniture …
