Oakwood Homes shuts down - WALB.com, South Georgia News, Weather, Sports

Oakwood Homes shuts down

November 15, 2002

Moultrie - Moultrie's Oakwood Homes Corporation handed out the last paychecks to employees. 

Two-hundred people were laid off today. In August, Oakwood Homes laid off 85 employees. In an October announcement they blamed the cutbacks on problems getting homes financed because of lack of bank investments.

They've also closed four other plants in Moultrie. Managers hope to get investors involved to possibly re-open. The mobile home makers opened in 1978.

posted at 5:55PM by kathryn.simmons@walb.com

 

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