JACKSON, Miss. -- A furniture factory that was once had more than 1,000 employees in Senatobia is closing.
Chromcraft Revington laid off as many as 200 employees earlier this month, leaving the furniture maker and distributor with about 30 employees to wind down its operations.
E.E. Wang, a spokeswoman for the company, said that the company's primary lender demanded repayment of its loans, sparking the shutdown. She says Chromcraft Revington plans to fulfill current orders and repay its creditors as much as possible.
The company was bought last year by Sport-Haley Holdings, which sells woman's golf clothing. Sport-Haley, in turn, is controlled by North & Webster LLC, a Massachusetts-based investment group.
Wang says Chromcraft Revington has not filed for bankruptcy. She says the company is examining all options, including a potential sale.
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