Ikea is closing its only US factory and moving production to Europe
4 months, 3 weeks ago by kyle | 4 facts | 0 comments | 0 votes

  • In justifying its decision, Ikea pointed to raw material prices, which it said are higher in the United States than Europe. - www.cnn.com
  • Ikea is shutting down its only furniture factory in the United States. - www.cnn.com
  • The Swedish company will end production this December at its plant in Danville, Virginia. - www.cnn.com
  • The Danville facility, which opened in 2008, employs 300 workers. - www.cnn.com

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