A Pella plant is closing in West Columbia, affecting 147 employees.
The door and window maker is blaming the continued recession in the housing market for having to close its plant in the Midlands, while they are offering incentives to employees to leave four of its operations in Iowa.
Pella Corporation spokesperson Kathy Krafka Harkema said the move is designed to trim the company’s bottom line, “If people aren’t building new homes, they’re not needing as many new windows and doors. That’s what led us to take these actions,” Harkema said. “We’re sorry to have to take these actions, but we’re doing all we can to partner with area officials to try and help people find new careers.”
Pella Corporation is a privately held company headquartered in Pella, Iowa with 8,000 employees around the country.
She says the Columbia plant will close by the end of December as they face a new home construction drop of 70 percent since 2006 and a continued recession in the U.S. housing economy is projected to continue.
Yesterday, the state’s Board of Economic Advisors said South Carolina is years away from a recovery in the housing sector.
Radio Iowa’s Pat Curtis, contributor