Ridgewood Industries to Close Cornwall Facility
June 30, 2025Cornwall Ontario – Dorel Industries Inc. has announced a strategic shift in its operations that includes the elimination of the domestic manufacturing operations based in Cornwall, Ontario.
Ridgewood Industries makes ready-to-assemble furniture at a modern manufacturing facility in the Cornwall Business Park. Earlier this year, Dorel had announced a relocation of equipment and operations to Cornwall. Ridgewood currently employs approximately 300 people in Cornwall.
The decision to cease all Dorel Home manufacturing operations in North America was made after a further extensive review of on-going operations, supported by external consulting firm EY-Parthenon. This decision will result in substantial savings based on a smaller footprint and workforce and eliminate the losses from the domestic operation. It is expected that the wind-down of these operations will be complete by the end of the third quarter to minimize future losses and satisfy customer obligations.
The Home segment is also actively working on exiting product categories that are now considered non-core, including a plan to significantly reduce inventory by the end of the year. This will also allow for the reduction of the current distribution footprint that is now too large for the new streamlined Home operations. The Company will be exiting from existing warehouses based on their scheduled lease termination dates this year. For facilities with longer termination dates, the Company is exploring sub-leasing opportunities which it is believed can be realized in the new year once the desired footprint is achieved.
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