A Connecticut-based furniture manufacturer plans to lay down nearly 400 workers at factories in North Carolina and New Jersey.
Asheville Citizen Times reports Ethan Allen Interiors said in a press release that it will shut down 325 workers from its Old Fort, North Carolina manufacturing facility and 55 employees in Passaic, New Jersey.
The company says that the Old Fort plant will be converted into a distribution center. It will keep the logging facility there, while about half of its production of goods will be consolidated at two factories in Vermont.
Meanwhile, the company plans to add 80,000 square meters to its three-storey Maiden campus.
In its annual report, ethan allen said it has about 5,200 employees. It is unclear how many of the employees work in Old Fort.