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Minnesota Rusco Shuts Down After 70 Years, Leaving Prepaid Projects in Limbo

The Dallas-based owner Renovo Home Partners has not announced bankruptcy despite reports of wider affiliate closures.

Overview

  • MPR News reports the company website posted a message saying operations have ceased, offering no guidance for unfinished jobs or customers’ money.
  • A Mora couple said installers never arrived for a scheduled window project and they are out roughly $48,000 after paying in advance.
  • FOX 9 reports contractors, customers and employees were left scrambling, with some staff seeking help from other remodelers.
  • TWS Remodeling says it will complete affected contracts at a steep discount and is tackling what it described as a $15 million backlog.
  • Industry posts tie the shutdown to parent Renovo, with multiple affiliated brands reportedly closed, social profiles taken down, and no bankruptcy or layoff filings located as of late Wednesday.