Jim Walter Homes is going out of business, a move that will shut down the company’s five Louisiana dealerships. Walter Industries, the parent company of Jim Walter Homes, says it is eliminating the shell home business in order to become a natural resources and industries business. Jim Walter has dealerships in Baton Rouge, Hammond, Shreveport, Alexandria and Houma. Officials say Jim Walter Homes, which built more than 350,000 houses during its 62-year history, hasn’t been profitable in years. The move will put about 230 employees out of work, most in the company’s Tampa, Fla., headquarters. All homes under construction will be finished.
Local Jim Walter Homes dealership to close
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
