Tue Mar 7, 2017
Skyline Corp. has agreed to sell its Mansfield manufactured-housing plant to Champion Home Builders in a deal that could save the jobs of 105 workers.
Under terms of the deal, Champion would pay a $99,000 deposit and then $2.125 million upon closing, scheduled to occur on or before April 7, according to a filing with the Securities and Exchange Commission on Thursday, according to a story by the Star-Telegram. The deposit is refundable if Champion chooses to terminate the agreement.
Officials in Mansfield were informed that Champion intends to hire the current workers.
Additional Information: http://www.star-telegram.com/news/business/article136140158.html