A window manufacturing company in Red Oak, Iowa closed Monday, a loss of 100 jobs. Employees were sent home without any severance package and many are wondering how and where they will find work.

Echo Windows LLC says it's ceasing operations because of a poor economy, which has greatly reduced the demand for windows.

"What they did with our trust is they took it and stomped it in the ground," says Nate Lunn.

"At this point we have not been able to put together enough financing in one week to meet the demands of the financer," says plant manager Dwayne Adams.

"Naturally, we're all going to have to look for jobs and the bad part is we're going to have to move," says facility engineer, Mike Vorhies. "There are no jobs in Red Oak, Iowa."

As employees said their goodbyes, the emotion was hard to contain. "Sure I'm angry, I developed relationships with all these people, what are they going to do?" says Lunn.

Employees blame ownership. The company is owned by Rich Gillman, who purchased the company formerly known as Traco late last year and created Echo Windows LLC.

He owns Republic Windows out of Chicago, which filed for bankruptcy in December. "The group that came in here and took the operation over back in December basically ran it into the ground the way we see it," says Adams.

Managers say they have 400 jobs on back order and another 600 in the books, but can't fulfill them because they can no longer get materials.

"We can make money on this, we've proved we can make money on this through putting a budget together, we just need an investor."

Bottom line, say employees, corporate greed brought this plant to a halt. "What else do you have to say besides 100 cars driving out of the parking lot with no jobs, what else?" says Lunn. "Congratulations, you've crushed a community."

The plant manager says the business is viable, the equipment is still there and they have customers, but need an investor.

In a written statement, the owner says fallout from Republic Windows breakup made it difficult to attract customers to Echo Windows and get additional investments, even though they are separate companies.

That's the plant which closed last year because of a drop in home construction and the inability to get more credit. It's also the plant that gained national attention when workers at Republic Windows staged a sit-in for six days until the 240 employees received assurances they would get severance pay, vacation pay and health benefits.