91-year-old Vaughan Furniture Co. in Virginia to close


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GALAX, Va. (AP) — Vaughan Furniture Co. is planning to cease operations in 2015 after 91 years in business, laying off 24 workers in Virginia, North Carolina and Nevada.

In a memo to employees on Tuesday, the private Galax company said it would cease operations in the months to come, citing weak sales.

The company has a warehouse in Galax and showrooms in Las Vegas, as well as High Point, North Carolina.

Vaughan Furniture President David Vaughan said its 14 employees in Galax will continue working as its inventory is sold. That's expected to continue for "a period of months."

The Roanoke Times reports (http://bit.ly/1xAa7Mj) that Vaughan Furniture was established in 1923. It manufactured products in Galax until 2008, when it closed its last factory and laid off about 275 workers.

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Information from: The Roanoke Times, http://www.roanoke.com

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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