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Slumping housing market causes local business to close

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A sign of the times hitting close to home: another Wilmington business closed its doors Monday. The National Gypsum dry-wall plant off Carolina Beach Road just shut down. Sixty-three people worked at the plant. A company spokesperson said the housing market slump diminished demand for dry-wall and company profits. She said National Gypsum intends to re-open the plant when things pick back up.

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