Drexel Heritage plant in Morganton closing

Jun. 03, 2014 @ 05:47 AM

Heritage Home Group plans to close its Drexel Heritage plant in Morganton by the end of July, laying off 87 people, the company told the N.C. Department of Commerce in a notice posted Friday.

A statement from Ira Glazer, Heritage’s president and chief executive, used the same wording as various announcements about other plant closings Heritage Home has made since it was formed in November by KPS Capital Partners to take over assets of the bankrupt Furniture Brands International.

“Business circumstances will force us to close” the plant, the statement said.