Asheboro-based Klaussner Furniture Industries, Inc. to close all facilities
ASHEBORO — Klaussner Furniture Industries, which once had been the largest employer in Randolph County, is shutting down operations at all its facilities, the company announced Monday. The company was tightly tied to Asheboro, which housed its corporate headquarters. According to a news release: “Klaussner’s lending source has unexpectedly refused to continue to fund the Company’s operations. This outcome was not reasonably foreseeable, but due to these unexpected circumstances, Klaussner can no longer sustain its operations. There will be more than 3,800 job losses, with a majority of those connected to Asheboro and Randolph County, based on some reports. The…