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Canwood plant to close in Penticton
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Mar 15, 2008 / 11:06 am
Nearly 100 jobs will be lost in Penticton following the announced closure of a manufacturing plant.
Canwood Furniture announced Friday it plans to stop operations this summer, costing 91 employees their jobs.
Canwood president, Mel Kemp, said in a news release the plant will close in mid-July, due mainly to turmoil in the industry and labour shortages.
He says the company has been unable to meet demand or achieve break-even levels for the last eight months.
Canwood Furniture, located on Timmins Avenue, produces pine furniture.