Investment Fund Awards Grant to Cruiser RV

01/03/2012
 

LaGrange County Investment Fund Awards Cruiser RV Grant

LaGrange , IN. (January 3, 2012)   The LaGrange County Economic Development Corporation (LCEDC) announced today the award of a grant from the LaGrange County Investment Fund to Cruiser RV, LLC.  The company announced in September, 2011 that it was expanding operations with the lease of a 140,000 square-foot facility in the Town of LaGrange.  The project is expected to result in the creation of up to 200 new jobs at Cruiser RV by 2014, and will include approximately $850,000 in new investment in the community. 

“We are thankful for the assistance from the LCEDC and the LaGrange County Investment Fund,” said Jeff Fought, Vice President of Cruiser RV.  “The building was in need of some clean-up and repairs, and the assistance from the LCIF helped us get those done and allow us to expand into the building.”  “We are happy to help a local company like Cruiser RV expand their operations in our community,” said Ken Mishler, Chair of the LaGrange County Investment Fund Advisory Board.  “This grant helped Cruiser RV create a large investment into LaGrange County and underscores the need for a tool like the LaGrange County Investment Fund.” 

The LaGrange County Investment Fund was set up by the LCEDC with assistance from the LaGrange County Commissioner’s and LaGrange County Council in late 2009 as a fund to help give LaGrange County a competitive edge for projects that would create jobs, add to the tax base, and have a large positive economic impact on the community.  While the fund has been utilized in the past for business development efforts, this represents the largest job creation project to date.  “Making LaGrange County attractive for business investment is the main goal of the LCEDC and the Investment Fund.  We are thankful to the LaGrange County Commissioners and Council for giving us the ability to provide an investment incentive such as this to our customers to help them bring growth to our community,” said Mark Leu, President-elect of the LCEDC.  “Their foresight in helping the LCEDC create this fund continues to pay dividends for our economic development efforts.”

"Cruiser RV, LLC has been a great partner in LaGrange County, and we're excited that they have continued to grow in our community," said Keith Gillenwater, Executive Director of the LaGrange County Economic Development Corporation. “Being able to retain and grow a local business like Cruiser RV in our community is a great win for all of us.”   

 

 Pictured from Left:  Ken Mishler - LCIF, Keith Gillenwater - LCEDC, Mark Leu - LCEDC, Jeff Fought - Cruiser RV, and Dan VanLiew - Cruiser RV

 
About the LaGrange County Economic Development Corporation

The LaGrange County Economic Development Corporation, established in 2009, is a 501(c) 3 corporation designed to assist business development needs.  The LCEDC partners with local, regional, state, and federal agencies to attract, retain, and develop new businesses and entrepreneurs in LaGrange County and its communities.  For more information about the LaGrange County EDC, please visit www.lagrangecountyedc.com or call at 260.499.4994 

About Cruiser RV, LLC.
 
Cruiser RV, LLC, based in Howe, IN, is a recognized leader in the production of lightweight towable recreational vehicles, including the Fun Finder X, the leader in the ultra-lightweight market.  For more information on Cruiser RV, LLC, please visit www.cruiserrv.com or at (260).562.3500. 
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