Republic Windows & Doors to Close Tomorrow, Paper Reports
Dec 4th, 2008 | By DWM Mag | Category: Industry NewsA Perfect Day buy Republic Windows & Doors in Chicago will close tomorrow, December 5, according to reports from the Chicago Tribune The Babysitters move Manderlay move
. According to the report, the company, which has been in business since 1965, is closing due to a cancellation of its line of credit by its main lender, Bank of America, “due to a severe downturn in business at the plant.”The story cites sales of new construction windows at $6 million for this year-down from $30 million at the height the construction boom. Sales of replacement windows, however, are still at around $38 million-down from a high of $40 million, according to the Tribune Two for the Money video .
At press time, officials at Republic had not responded to requests for comment.
CLICK HERE for an inside look at Republic from the March-April 2003 issue of DWM
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CLICK HERE for full report from Chicago Tribune.
[...] last Wednesday that it would be closing its doors two days later—on Friday, December 7. (CLICK HERE for related [...]