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Former Carriage Site Now an ‘Industrial Park’

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June 6, 2014 by   Leave a Comment

More than two and a half years after Carriage Inc. closed its doors, eliminating 200 jobs in Millersburg, Ind., a group of smaller employers are breathing new life into the site.

The Elkhart Truth reported that Indianapolis-based Key Auctioneers, the court-appointed receiver for the property at S.R. 13 and C.R. 42, has reached agreements to sell all 16 parcels of land at the site, said Key Auctioneers executive vice president Tim Boeglin.

“The good news is we had a 50-acre property with documented environmental problems, and we were able to subdivide that, annex part of it, rezone it, and were able to sell every single parcel,” Boeglin said. “Those all will go into productive use. I think you’ll see a pretty vibrant set of businesses over there. I know it’s been painful for Millersburg, particularly the loss of revenues when a company the size of Carriage goes out of business, but I think in the long term the community will be better off.”

Carriage started in the late 1960s and built a reputation for quality high-end fifth-wheels, employing more than 275 workers at its peak. The company ended production abruptly in 2011 after it was unable to reach an agreement with PNC Bank over a loan. Redwood RV, a subsidiary of Elkhart-based Thor Industries Inc., bought the defunct company’s assets in February of 2012,

For about a year after Carriage’s closure, progress was slow for Key Auctioneers as it tried to sell the property as a single 55-acre tract before deciding to carve it up into parcels and market to smaller companies.

For the full report click here.

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