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Prepac Closes NC Factory, Lays Off 200 Workers

Published 1 week, 3 days ago
Description

Prepac Manufacturing, a ready-to-assemble furniture maker, is closing its North Carolina factory, laying off 200 workers. Despite receiving tax breaks and praise for shifting production from Canada, the company cites long-term planning and shifting demand, not tariffs, as reasons for closure. North Carolinas furniture sector has shrunk by 60% since 1993 due to Asian competition, highlighting ongoing struggles for North American manufacturers in the ready-to-assemble space.

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