Jeld-Wen puts resorts on market

Oregon window and door manufacturer Jeld-Wen has put several Northwest destination resorts up for sale.

The privately held company based in Klamath Falls, Ore., wouldn’t comment about why it is selling some of the best-known resort properties in the region, including Eagle Crest in Redmond and the Running Y Ranch in Klamath Falls.

The Spokesman-Review reported Sept. 30 that Jeld-Wen had put its Silver Mountain Resort in North Idaho up for sale.

In addition to the ski operation, the resort includes a nine-hole golf course, condos and an indoor waterpark.

Jeld-Wen also hopes to sell Brasada Ranch in Powell Butte, Ore., and RidgeWater Properties next to the Running Y in Klamath Falls.

According to sales literature, executives hope to close sales by year’s end.

The sale follows the death last August of founder Dick Wendt, who built a small mill in Klamath Falls into a $2 billion company with 20,000 employees.

The company has been affected by the housing market bust because its core window and door business is tied to residential construction and its resorts rely on real estate sales to generate the bulk of their business.