Walter Industries to Close Home Sales Centers in Jonesboro and Two Other Cities

JONESBORO, AR - Tampa, Florida-based Walter Industries plans to close 36 "underperforming" Jim Walter Homes sales centers, including locations in Jonesboro, Little Rock and Pine Bluff, as part of a restructuring.

Jim Walter Home has sales centers throughout the South.  The Jonesboro center is located at 3309 East Parker Road.

According to, the company also has said that it is working to separate its financing and home-building business from its core natural resources and energy business.  On February 19, the company announced fourth-quarter earnings that showed a drop in revenue and operating income for its financing and home-building division.