Plans to move into building by summer: Elliott Electric Supply, which supplies and distributes products for commercial and industrial projects, has signed a lease to occupy an old Sears repair building on Airline Highway. Johnny Winfree, who serves as regional manager, says this will be the company’s eighth location south of Natchitoches. Plans are to open the 28,000-square-foot building by late July, with a staff of 15 employees.
Bustling business: Sales of new homes posted another large gain in April as buyers rushed to sign contracts before government tax credits expired. The Commerce Department says sales of new single-family homes jumped 14.8% to a seasonally adjusted annual rate of 504,000 units. The April gain followed a 29.8% surge in March, the biggest monthly increase in 47 years. Activity in both months was pushed higher by a stampede of buyers trying to sign sales contracts before tax credits expired on April 30.
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