DUBUQUE (AP) — Iowa-based furniture maker Flexsteel Industries has announced it will permanently close its Dubuque manufacturing facility.
The company announced the closure Wednesday morning, minutes before a conference call to discuss its latest quarterly earnings, the Telegraph Herald reported. The Dubuque plant employs about 150 people. The company announced its facility in Starkville, Miss., also will close, and blamed a drop in demand of some products that has been exacerbated by the new coronavirus pandemic.
The closure follows the company’s two-week shutdown of the Dubuque plant last month and its announcement in late March that it would lay off about 100 in Dubuque, including about 40 people at its corporate headquarters.
On Tuesday, Flexsteel reported a third-quarter net loss of $5.3 million.
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