Conover, North Carolina-based Kroehler Furniture Company, a furniture manufacturing subsidiary of American Signature, has announced the closure of its Conover facility following its parent's Chapter 11 bankruptcy.
The closure impacted 208 employees. The company was known for designing and manufacturing sofas, sectionals, chairs, and related pieces, mainly for American Signature's Value City Furniture brand.
According to a letter to employees, “This confirms that Kroehler Furniture Co. has determined that it will be closing its facility located at 1800 Conover Bld E, Conover, NC 28613, due to a significant reduction in business, resulting from its parent company’s Chapter 11 bankruptcy filing. Regrettably, your employment will be terminated as part of this closing."
Change is constant, and it's 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?