Leda Furniture has decided to cease production and close its doors after 49 years of manufacturing high-end furniture in Ontario. The Toronto company is currently liquidating its inventory and remaining equipment.

Leda Furniture specialized in contract/office, hospitality and residential furniture, bedroom, dining room, occasional furniture; bookcases, conference tables, desks, office systems, and hotel furniture in its 175,000 square foot operation.

Company president Marco Confalone says it was a difficult decision, and cited the challenges in logistics of manufacturing domestic high-end furniture in Ontario, which he says are becoming too great a challenge. Confalone also cited government regulations, labor rates and materials shortages, as well as the competitive threat of inexpensive furniture manufactured overseas.