Truma Expands in Elkhart

4-17-2018 -- Truma is expanding in Elkhart. The system supplier of heaters, air conditioning systems, hot water generators, maneuvering assistants and gas supply for the recreational vehicles industry purchased 5.04 acres at 13 Harman Drive in Elkhart. The 69-year-old company plans to build its permanent North American headquarters at this site along County Road 6, near County Road 17. The new headquarters is expected to be open in the fall of 2018 and will feature state-of-the-art offices, a warehouse and a customer service center for RV owners. Truma, which gets its name from former president Harry S. Truman, first came to Elkhart in 2013.

“Truma chose to build in Elkhart because we want to show our commitment to the local manufacturers and the RV industry,” said Gerhard Hundsberger, president and CEO of Truma North America. “RV manufacturers, dealers and RV owners love Truma products, which has resulted in tremendous growth for us. We are excited to expand to a larger location with more space so we can hire additional staff and continue to bring innovative products and services to the North American RV industry.”

FM Stone's Bill Kuhns, SIOR, represented the seller, A & K Real Estate LLP, in the transaction while FM Stone's Brent Miller, SIOR, represented Truma.

US 33 Land Sold by Letherman

10-26-2015 -- Pete Letherman, SIOR, CCIM, assisted Caden Real Estate with the purchase of 2.1 acres of land at 23513 US 33 in Elkhart. The new owner, who owns Concord Cars, plans to use the land to support his current operations. The land was on the market for 1,892 days before being sold. Ross Miller, SIOR, represented the seller, SAB Companies Inc., in the transaction.

Pete Letherman Sells Land to Furrion for Research Center

10-14-2015 -- Pete Letherman, SIOR, CCIM, assisted Furrion Limited in the purchase of a 6.82-acre parcel of land in the Elkhart East development near Exit 96 of the Indiana Toll Road. The land, on Independence Court, is just west of the RV/MH Hall of Fame & Northern Indiana Event Center and borders the Toll Road. Furrion intends to spend $4 million to build a new research center on the site and hopes to break ground this fall. The company, whose headquarters are in Hong Kong, delivers audiovisual, electrical and kitchen appliance products engineered to withstand extreme weather climates and the constant vibration of marine and specialty vehicles. The land was sold by Finis Terra Inc.