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Quebec furniture maker Bestar to shut down factories, union officials say

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#furniture industry#factory closure#quebec#trade competition#canadian manufacturing
Quebec furniture maker Bestar to shut down factories, union officials say
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Quebec-based furniture manufacturer Bestar Inc. is shutting down its two factories in Lac-Mégantic and Sherbrooke, resulting in the loss of around 120 unionized jobs, union officials say. The closure follows South Shore Furniture's announcement to cease operations, highlighting ongoing struggles in Canada's furniture sector due to low-cost Asian imports. Industry leaders and unions are urging the federal government to take protective action amid growing concerns over unfair trade practices. The closures underscore mounting pressure on domestic manufacturers from global competition and shifting trade dynamics.

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The Globe and Mail
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Open this photo in gallery:Workers produce furniture at a factory in Hangzhou, China, October, 2022. Bestar's planned shutdown would be the second this week after South Shore Furniture's closure, amid industry warnings about low-cost Asian competition.-/AFP/Getty ImagesShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountUnion officials say furniture maker Bestar Inc. is shutting its two factories in Quebec, the second Canadian furniture manufacturer this week to signal it is ending operations amid what many industry watchers say is unfair competition from low-cost Asian rivals. Bestar makes modular, ready-to-assemble furniture and is owned by private equity firm Novacap.

Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.

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