MCCONNELLSVILLE, N.Y. (AP) — A central New York furniture company that’s been in business since 1844 has reopened with a limited staff.
WKTV reports the future of Harden Furniture in McConnellsville rests with a lending company based in Illinois. Big Shoulders Capital purchased Harden Furniture earlier this year.
Former owners Miramar Capital Partners used Harden’s assets to secure a loan and Harden CEO Greg Harden says that’s when problems arose.
Harden suspended operations at the end of January after the sale.
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WKTV says about half of the employees have been called back to work and a future merger is possible.
Harden says there’s about a $1.6 million backlog between finished products waiting to be shipped and products on order that haven’t been produced.