Klaussner Furniture Industries Inc., a furniture merchant located in Asheboro, North Carolina, has unanticipatedly announced that it is ceasing all operations and dismissing all of its staff. For over 50 years, the company has been producing residential furniture and has been a major employer in the area.
On August 7, 2023, the company made an announcement via a posted notice stating that it would be closing its operations immediately. Although the reason for the unexpected closure has not been officially announced, the company stated that it was due to 'unforeseen circumstances'.
The community and employees were surprised by the closure of Klaussner Furniture Industries Inc. The company has not disclosed any plans for compensating its employees or fulfilling outstanding orders.
This news is developing and will receive updates as more information is available.