KBS to reopen mod home plant
Modular home manufacturer KBS Building Systems plans to reopen its Waterford plant on May 16, putting 45 people back to work.
The western Maine company in December shuttered the plant for the winter, temporarily laying off 25 workers and transferring another 20 to its Paris headquarters. Jerry McCormick, head of KBS' retail home center, announced the restart yesterday and said 45 people will be hired "to start off," according to the Sun Journal. KBS cited a dearth of commercial building work and high overhead costs, mostly driven by heating fuel, for its decision to shut the plant over the winter. The company initially planned to reopen April 1.
The plant has had a roller-coaster past. In 2007, KBS bought the former Waterford Homes property and reopened it the following year with about 20 employees, but then shut it down about six months later. The plant reopened in 2008, but again closed in 2009, laying off 60 workers. KBS reopened again last spring, rehiring about 40 to 50 people.
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