Trailer maker Pace American could close Middlebury plant

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

A cargo trailer maker may close its manufacturing facility in Middlebury, potentially costing 150 workers their jobs.

Illinois-based Pace American Inc. notified the state of the possible closing late last week, saying it is in the process
of selling its business operations and assets.

“While it is our hope that Pace American’s business operations will continue without interruption throughout
the sale process, we believe there is a possibility that this sale may force [the company] to close the facility,” CEO
Jim Tennant wrote in a letter to the State Department of Workforce Development.

If the northwestern Indiana plant closes, the decision is likely to be permanent, he wrote. Pace American’s facility
employs 118 hourly and 32 salaried workers. The company has other facilities in Texas, Utah, Georgia and Oregon.

The closing would be another blow for Elkhart County, where 14.1 percent of the work force was unemployed in April, the last
month for which state statistics are available. Its unemployment rate is the highest in Indiana and last year reached 15.3
percent to lead the nation, drawing the attention of President Barack Obama.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In