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Norwalk Furniture Shut Down Production

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The "Toledo Blade" www.toledoblade.com, reported that, "The southern California developer attempting to purchase troubled Norwalk Furniture Corp. has reportedly pulled out of the deal, leaving the fate of the 106-year-old high-end furniture manufacturer in a precarious state." The article goes on to report that workers at Norwalk's northwest Ohio factory were sent home on Wednesday, September 4th, and that in a written statement, Norwalk Furniture stated that it is still in negotiations to secure financing, but has stopped accepting new orders.