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Homes by Ken Butera Inc. - Atlanta home builder
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2008-09-03
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stories: bizjournals.com
Winder-based (Atlanta) home builder Homes by Ken Butera Inc. filed for bankruptcy on September 3 according to this Atlanta Business Chronicle article. A search for Ken Butera turns up the following company details per manta.com:
Year Started: 1986
State of Incorporation: GA
URL: N/A
Location Type: Single Location
...
Est. Annual Sales: $5,400,000
Est. Employees: 52
Further details are scarce; as such, we are classifying this implosion as "tiny." If you can provide further details on Homes by Ken Butera, 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.