Carthage-based Leggett & Platt is closing its Plant City, Florida facility putting 80 people out of work.
The company released the following statement:
“In January 2024, Leggett & Platt implemented a restructuring plan primarily focused on our Bedding Products business. This plan is intended to better align our business with an evolving competitive landscape and position our company for profitable growth.
As part of these initiatives, we are consolidating our manufacturing footprint to better align capacity with regional demand and enhance our efficiency.
We recognize the impact that these actions will have on our colleagues at our adjustable bed facility in Plant City, and we take these decisions very seriously.
We are committed to treating colleagues exiting our business with compassion and respect. We will provide them with support and resources as they transition to the next step in their careers.
In July, Leggett & Platt began 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 and is part of the company's effort to consolidate operations, according to the notice.
3 comments:
A truly awful and evil company.
Just don't let the Board of Directors and the Executive Committe, forget to give all the Upper Level of Management their Bonuses and Perks - and pat themselves on the backs, so they feel like they are doing a good job - while running this once Proud, Local, Fortune 1000 Company into the Ground. Keep up the Great Work - and keep Closing Manufacturing and Distribution Divisions or moving them Outside the United States to save a Dime.
That way you will be in a Financial Downfall so that a Foreign, Possible Chinese Company can swoop in and Buy What is Left of this Company.
What a Legacy for the Leggett, Platt, and Cornell Families - Can we Open up another Art and Entertainment Center - with all the Cost Savings?
Everyone always says this yet nobody ever explains why.
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