Home Page
Above link redirects to the Value+Created Review (VCR) website
Archives
- February 2005
- March 2005
- April 2005
- May 2005
- June 2005
- July 2005
- August 2005
- September 2005
- October 2005
- November 2005
- December 2005
- January 2006
- February 2006
- March 2006
- April 2006
- May 2006
- June 2006
- July 2006
- August 2006
- September 2006
- October 2006
- December 2006
- January 2007
- February 2007
- March 2007
- April 2007
- May 2007
- June 2007
- July 2007
- August 2007
- September 2007
- October 2007
- November 2007
- December 2007
- January 2008
- February 2008
- March 2008
- April 2008
- May 2008
- June 2008
- July 2008
- August 2008
- September 2008
- October 2008
- November 2008
- December 2008
- January 2009
- February 2009
- March 2009
- April 2009
- May 2009
- June 2009
Thursday, June 18, 2009
More Canadian Closures
A recent analysis made by VCR's companion website, Furniture Link Canada (FLC), found about 25 small- to medium-sized Canadian furniture manufacturers (or seven percent) listed in the directory had closed since FLC's similar analysis of May 2008. Some of these companies are listed above. Total closures in this group account for a loss of 750 jobs when calculated at an average of 30 employees per company.
Over the same time period, some of Canada's larger furniture manufacturers have been or are under court protection (including Shermag, DeFehr and Durham), or have consolidated their production facilities (including FDM Furniture and Palliser). FLC estimates that this restructuring resulted in at least an additional 2,000 job losses for a grand total of 2,750.
