JSJ Corp. plans to wind down office furniture maker izzy+ after 17 years of operation. The manufacturing holding company said today that it would discontinue production of izzy+ branded products and refocus its resources on other manufacturing segments in its portfolio, including automotive, medical and equipment.
JSJ Chairman and CEO Nelson Jacobson said the company planned to repurpose an izzy+ facility at 17237 Van Wagoner Road in Spring Lake and transition “as many people as possible to support three of our other well-known businesses in the area.”
“We are a 100-year-old company, and as we go through and look at the opportunities we have, furniture just doesn’t fit as well as the other businesses we have,” Jacobson told MiBiz. “We’ve been able to take these resources and skills and transfer them effectively.”
He said “furniture just doesn’t fit nearly as well” into the company’s growth strategy when compared to the “tremendous growth” for JSJ’s other local portfolio companies. They include GHSP, a Grand Haven-based global tier-one automotive supplier; Dake, a Grand Haven-based manufacturer of hydraulic presses; and Sparks Belting Co., a Grand Rapids-based manufacturer specializing in conveyance products.
Read more on MiBiz.com
Read the whole article by Mitch Galloway about the Izzy+ closure on Mibiz.com
Izzy+ achieved a turnover of € 90 mln in 2016
[header image: Grant Chair by Izzy+]
