Officials of Pella Corp. and SNE Enterprises Inc. each cited the continued decline of the housing market in announcing plant closings recently.
Pella, Iowa-based window and door maker Pella will close its window plant in Story City, Iowa. The plant employs 244, and is used to make both vinyl and wood windows. The site will phase out operations over the next two months, closing in early March, spokeswoman Kathy Krafka Harkema said Jan. 14 by phone.
``It's a supply-and-demand situation,'' Krafka Harkema said. ``We have excess capacity at this time. It's evident that the housing economy is going to continue to decline from the record levels we all experienced and enjoyed just a few years ago.''
Pella owns the plant and is likely to convert it to warehouse space, she said. Some of the equipment may be transferred to other Pella facilities. Pella has 13 other U.S. plants, she said.
The first priority is to help displaced workers find other employment, she said.
Pella officials would not disclose how many extrusion lines they are taking out of commission with the plant closing.
Meanwhile, SNE Enterprises Inc., a subsidiary of Mosinee, Wis.-based Peachtree Cos., will close a 400,000-square-foot fabrication plant in Huntington, W.Va., in May. The leased building employs about 150.
Spokeswoman Amy Lewis said the site is closing because of overcapacity and a shrinking construction market. The window profiles are extruded by sister company Weather Shield Manufacturing Inc. in Medford, Wis., Lewis said.
According to Ducker Research Co. Inc. data, about 90 percent of window sales take place in the residential market. Those sales typically are split evenly between new-home installations and replacement windows.