TAYLORSVILLE — Hundreds of furniture manufacturing employees are out of a job following the closure of Mitchell Gold + Bob Williams at the end of August.
Signs were posted on the truck gate and office door of the company’s main plant in Taylorsville, informing employees the company “Has recently and unexpectedly learned that we are unable to continue business operations” and telling them not to report to work, according to a Fox Business report.
An Arkansas-based private equity firm, The Stephens Group, became the primary shareholder in the company in 2014.
The closure represents the second furniture manufacturer to close in the state within the last month, following the unexpected shutdown of Klaussner Furniture.
The company had 24 showrooms across the United States and even touted Hillary Clinton as a former customer.