Thursday, February 7, 2008

Good News for remaining company members!

But a new promotion offering price discounts up to $100,000 and a lifetime
structural warranty on Wieland houses produced 89 sales for the company between Jan. 25 and Feb. 3, twice the number of homes the company sold in the same period last year, according to Wieland officials.

That provided a welcome cash infusion of $50 million for the homebuilder, which is currently marketing 30 communities with more than 400 unsold homes around the metro area. And the surge in cash flow has recharged Wieland's confidence that his company can withstand the anemic sales expected to continue through the rest of 2008, Wieland said.

http://www.ajc.com/business/content/business/stories/2008/02/06/wieland_0207.html

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