Nordyne, a heating and cooling equipment manufacturer, is closing a Tipton plant and moving the operations to its Boonville facility.
The plant employs 65 people, who will receive transfer offers to work in Boonville, according to human resources manager Charlie Melkersman. The closure is expected in the next 120 days.
Melkersman said the manufactured housing industry has struggled for the last decade and continued to trend downward after the real estate market plummeted. The company has laid off more than 150 workers since 2009.
"The housing market hasn't come back, and it's not speculated to come back in the next year or so," Melkersman said.
Nordyne acquired the Tipton plant in 1998, and it had employed 150 workers. The facility had primarily manufactured electric furnaces.
"It’s a difficult decision, but the continuing poor economic conditions in the HVAC and manufactured housing industries make this decision necessary,” said plant manager Dodd Schimpf in a news release.
Nordyne, a heating and cooling equipment manufacturer, is closing a Tipton plant and moving the operations to its Boonville facility.
The plant employs 65 people, who will receive transfer offers to work in Boonville, according to human resources manager Charlie Melkersman. The closure is expected in the next 120 days.
Melkersman said the manufactured housing industry has struggled for the last decade and continued to trend downward after the real estate market plummeted. The company has laid off more than 150 workers since 2009.
"The housing market hasn't come back, and it's not speculated to come back in the next year or so," Melkersman said.
Nordyne acquired the Tipton plant in 1998, and it had employed 150 workers. The facility had primarily manufactured electric furnaces.
"It’s a difficult decision, but the continuing poor economic conditions in the HVAC and manufactured housing industries make this decision necessary,” said plant manager Dodd Schimpf in a news release.