Ikea is closing its only US factory and moving production to Europe
4 months, 3 weeks ago by
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In justifying its decision, Ikea pointed to raw material prices, which it said are higher in the United States than Europe. -
Ikea is shutting down its only furniture factory in the United States. -
The Swedish company will end production this December at its plant in Danville, Virginia. -
The Danville facility, which opened in 2008, employs 300 workers. -
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