Steelcase to close city plant
Steelcase Inc. will close its plant in south High Point in stages during the next year and a half to two years, costing 230 workers their jobs.
The Michigan-based office furniture manufacturer announced Tuesday that it will gradually phase out production at its city plant. Work will move to other Steelcase facilities in North America and a few outside suppliers, the company said.
“We regret the impact of our decision on approximately 230 Steelcase employees and we will be doing everything we can to support their transition to other employment, including providing severance and career transition support,” Steelcase said in a statement.
The closing is part of the company’s overall effort to reduce excess manufacturing capacity and control cost in response to changes in the economy, the office furniture industry and competitive pressures.
“Even in relatively good economic times, we need to make difficult decisions in order to stay ahead,” Steelcase said.
The Steelcase plant is on Swathmore Avenue near the Archdale city limit. The production facility that’s closing has been in operation for a little more than 40 years, previously as Brayton International. Steelcase bought Brayton about 30 years ago.
Based in Grand Rapids, Michigan, Steelcase is one of the world’s largest manufacturers of office furnishings. The publicly traded company reported fiscal 2012 revenues of approximately $2.75 billion and has nearly 10,000 employees worldwide, according to the company’s website.