ASHEBORO, N.C. — Klaussner Furniture Industries Inc., a furniture merchandiser based in Asheboro, unexpectedly and permanently closed its doors on Aug. 7. It is the fourth-largest employer in Randolph County.
According to the company, more than 800 employees at seven different locations in Asheboro and Candor are impacted by the closures. Klaussner submitted a WARN (Worker Adjustment and Retraining Notification) notice to the North Carolina Department of Commerce on Monday.
They said they are working to provide employees with information and resources for the "next steps".
Klaussner cited the unexpected closure as being due to the "lending source [...] unexpectedly refused to fund the Company's operations."
"This outcome was not reasonably foreseeable, but due to these unexpected circumstances, Klaussner can no longer sustain its operations."
The company goes on to state they are providing as much notice as possible and is closing all facilities entirely.
Klaussner had been in business since 1963.
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