After nearly seven decades in business, West Bend-based general contractor WB Corp is closing.
Company president Dan Gonwa wrote in a note this week, “It is with great sadness that I wish to report the stockholders of WB Corp have decided to close down business. This is a voluntary closure and will be done when all current contracts/ projects are completed. We appreciate and thank you for your many years of relationships/business and hope you are well in the future.”
“There’s just not enough work for all the contracting firms out there,” he said. “We’re also the last union contractor in Washington/ Ozaukee County; the wage rates are considerably different and the stockholders decided there wasn’t enough money coming in, so rather than keep plugging along, we’re just going to wrap it up.”
They’re not the only one to close in the recent past. The construction industry remains in a depression.
Well duh…no unions to protect worker’s wages…you can pay them less silly. Keep the workers part time and you don’t have to make sure they’re healthy ! Sick ? There’s a line out the door of more fodder for the grinder. Welcome to Third World America.
This is not good news but i think there are right, when one business isn’t working you can be better closing it and moving on to another.