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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject4/25/2001 5:21:15 PM
From: besttrader   of 37746
 
Oh come on! Not La-Z-Boy boy too! There must be a recession! :) -->

La-Z-Boy (LZB) 17.58 +0.32: Company will close its Marion, Virginia, plant of its Lea Industries division and its Selma, Alabama Pilliod
facility. Company will also eliminate the manufacturing of La-Z-Boy Contract furniture at its Lincolnton, North Carolina facility and will
outsource some contract product lines in order to focus on the company's core strength in office and commercial seating products.
Approximately 310 jobs will be eliminated over the next six months.
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