The Oregonian of Portland is reporting that Jeld-Wen Inc., Oregon's largest privately held business, has about one month to repair its finances or face potential default on more than a half-billion dollars in loans. It quotes a New York firm that follows distressed companies. Jeld-Wen manufactures doors and windows.
The company operates a manufacturing plant in Rantoul that employs 353.
In a press release, Jeld-Wen officials denied the claim.