Sunday, October 26, 2008

Leggett & Platt lays off 86 at Kentucky plant

Carthage-based Fortune 500 company Leggett & Platt is eliminating 86 jobs at its Simpsonville, Ky. plant:

Workers are expected to be let go on or about Dec. 14. Eligible workers will receive at least 60 days pay and benefits. Leggett & Platt also will provide outplacement assistance, the company said in the release.

The Simpsonville plant, located at 211 Main St., produces mechanisms for swivel and recliner chairs.

About 160 employees will remain at the Simpsonville plant, company spokeswoman Sherry Adams said.

Plant Manager Doug Allan told Business First last year that the company had lost sales to competition from cheaper labor in Asia.

He said then that he didn’t expect any more layoffs and expected the plant would regain the lost jobs over time.

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