Fitzgerald, Georgia-based Southern Veneer Specialty Products, a manufacturer of engineered wood products, particularly Ultra-Low Emitting Formaldehyde (ULEF) plywood, has announced the closure of its Moncure, North Carolina hardwood plywood facility.
The closure will impact 130 employees and is scheduled for December 5, 2025. The decision appears to be driven by unfavorable market conditions.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?