Carthage-based Leggett & Platt will begin the process of closing its High Point, North Carolina plant July 25, according to a WARN notice received by the state of North Carolina.
The closure will eliminate 158 jobs is part of the company's effort to consolidate operations, according to the notice.
4 comments:
So hopefully, with the current resignation of Mitch Dolloff, as President and CEO and a member of the Board, Leggett & Platt will start making progress into the future.
Though Mitch Dolloff, did such a Bad Job, running the Company the shares of stocks plummeted from $57 a Share to $11.65 so after his resignation Leggett & Platt, hired him on as a Consultant for 1-Year at $1.2 Million Dollars, plus benefits - more Smart Moves by Leggett & Platt and the Board and Managment Team. Keep up the Great Work - When is the Fire Sale?
Legged & Platt has never been an employee friendly work place.
Greedy capitalists hurting families, a tale as old as time.
Mismanaged company is the understatement of the century.
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