Broyhill Furniture Industries, a subsidiary of Missouri-based Furniture Brands International, said it wll close its case goods manufacturing facility in Lenoir, North Carolina.
The Lenoir plant is a 628,000-square-foot facility with 390 employees. It is expected to close in February 2007.
The company estimates that it will record a charge of $3 million, or 4 cents per share for the closure, with the majority of costs to be recorded during the first quarter next year.