Alliance RV Plans $33 Million Expansion And Up To 650 New Jobs In Elkhart
Alliance RV announced plans Tuesday to invest $33 million to expand its manufacturing capabilities and add up to 650 new jobs by the end of 2023.
The company, which was founded in 2019 by brothers Coley and Ryan Brady, produces luxury fifth-wheel travel trailers in three manufacturing and office facilities totaling 254,000 square feet in Elkhart.
The company plans to build two additional 120,000-square-foot production facilities this year.
Pending approval from the board of the Indiana Economic Development Corp., the company will receive up to $9.3 million in conditional tax credits, based on its job-creation projections. The IEDC also is considering up to $1.7 million in conditional tax credits based on the company’s capital investment plans.
The IEDC said the tax credits are performance-based, meaning Alliance RV is eligible to claim the incentives when employees are hired and investments are made.
Demand for RVs has been surging throughout the pandemic as people have been looking for new ways to spend their leisure time, and some people have actually been working remotely at campgrounds across the country. Even with plant shutdowns caused by the pandemic, RV demand rebounded sharply over the summer and is now projected to reach new highs in 2021.
Check out the full article from the South Bend Tribune here.
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