• Company that bought Vermont Tubbs goes under
    STAFF REPORT | May 06,2013
    • Email Article
    •  
    •  Print Article
     
    The company that purchased financially strapped Vermont Tubbs furniture five years ago has gone out of business and its property is up for auction.

    Brown Street Furniture of Whitefield, N.H., will have its assets sold at auction in June to pay off its major creditor.

    In 2008, the company purchased certain assets of Vermont Tubbs, a maker of high-end furniture, and moved the Brandon companyís production to northern New Hampshire. The move cost 87 local workers their jobs.

    Owned by brothers Robert and Kyle Tager, Brown Street Furniture encountered its own problems and went out of business last June.

    Thomas Hirchak Company of Morrisville will auction the property, machinery and equipment June 6.

    The 48,000-square-foot plant at 87 Brown St. is located on 5.8 acres. There are three additional parcels totaling 3.2 acres.

    Another 17,334-square-foot building on a 2.9-acre parcel is up for auction at 33 Brown St.

    Unsold furniture is also being auctioned, including hardwood home furnishings that include beds, bureaus, night stands, occasional tables and case pieces.

    The companyís trade names are available for sale as well.
    • Email Article
    •  
    •  Print Article
    2 Comments
    MORE IN This Just In
    NEW YORK ó His defiant protests helped shape Americansí opposition to the Vietnam War. Full Story
    Activist, Jesuit priest Daniel Berrigan dies at 94
    When Rutland City Mayor Christopher Louras told those gathered in the cityís aldermanic chambers... Full Story
    Immigrants part of Rutlandís fabric
    Sascha Mayer, co-founder and CEO of the Vermont-based company Mamava, has been... Full Story
    Vermonter to meet NYT journalist who inspired her company
    More Articles