Current news for this company:
C.V. Perry - Residential
The Columbus Dispatch has provided us with this update regarding the liquidation of C.V. Perry's assets:
Some sixty years after being founded by Carlyle Perry Sr. in 1947 and going on to being run by both Sr. and son, Carlyle Jr., C.V. Perry "has gone out of business", according to The Columbus Dispatch. Both father and son died within weeks of each other back in 2004, and the business, which went on to be operated by a trust, never recovered.
Per The Dispatch:
Only a few months prior to the writing of this article, the Dispatch had an article on C.V. Perry titled, Homebuilder C.V. Perry says it's in business to stay. That article had described how C.V. Perry had recently hired a new CEO, Terry Andrews, to replace the trust as operating manager.
Regarding Andrews attempts at getting C.V. Perry back on track, The Dispatch notes:
If you have any further information on C.V. Perry's closure, please let us know.
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Important: This company is on our list of builder operations that have "imploded" (see also ailing lenders). This is a somewhat subjective call, and does not necessarily mean total shutdown or bankruptcy. It can also mean steep and rapid declines in enterprise value; or abnormal "bail-out" by corporate parents or peers in order to continue to operate. The builders may be residential or commercial.