A company that got its start in 1954 by Oscar Larson in Lake Mills has decided to close. Larson Manufacturing produced storm windows, doors, and other items in Lake Mills for six decades, but because of economic times, the company now has to re-align itself, meaning a large number of people will or have lost their jobs. In December of 2020, Larson was acquired by Fortune Brands Home & Security, Inc. an industry-leading home and security products company. Fortune Brands Home and Security has stated that they are committed to assisting their employees who are affected by the shutdown.
Lake Mills is not the only site to see the shutdown. Grand Prairie, Texas and Senatobia, Mississippi will also close. Already, the second shift has been laid off while the first shift will come to an end on November 18th.
The company said in a statement that, “The decision was based on continued efforts to mitigate external economic risks, an assessment of the industry, and the evolution of the organization to best align with its growth strategy. This decision is not a reflection of the skills of the workforce. Rather, this is an opportunity to strengthen the organization and solidify the long-term value of the business.”
Meanwhile the Lake Mills Chamber Development Corporation posted on social media:
The announcement comes nearly a year after Larson Manufacturing announced it was named the “2021 Vendor Partner of the Year” for the Lowe’s Building Products division.
Officials are hopeful that this will not have an impact on businesses in Lake Mills and the surrounding area.