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State Representative Ernie Leidiger

317 State Office BuildingState Office Building
100 Rev. Dr. Martin Luther King Jr. Blvd.
651-296-4282

For more information contact: Jodi Boyne 651-296-0640

Posted: 2012-09-17 00:00:00
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NEWS RELEASE

Rep. Ernie Leidiger Statement


Statement from Representative Ernie Leidiger

"Many small businesses have experienced financial difficulties in these uncertain, troubling economic times. My office furniture business was successful for almost five years, employing 30 people with sales that grew every year, reaching almost $2.5 million at its height in 2008. Our business was closely linked to commercial real estate, so when that market faltered, so did ours. Things were looking good by the middle of 2009, only to crater again as uncertainty grabbed hold of the economy.

As businesses downsized, demand for our products dropped, orders were canceled and we had to downsize ourselves. We tried to stay afloat by shifting to work in furniture removal and liquidation, but that, too, soon lost its demand.

By 2011, we had to close our doors, and with that came the loss of 30 direct jobs as well as work for the vendors we worked with. The pain of closing its doors was difficult for me and the employees and family members who made our successful years possible. You never want to see something you pour your life into fail.

I am the last office holder standing from our operations, and I am the one who is taking the responsibility to finish it. I have a payment plan in place with the state to pay off our remaining tax liability and am in negotiations with the federal government to do the same."

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