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Trailer manufacturer cutting 106 jobs in Indiana

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Middlebury-based Pace American Enterprises Inc. plans to eliminate 106 jobs at its plant in northeastern Indiana as part of company-wide layoffs.

The manufacturer of cargo trailers notified the Indiana Department of Workforce Development about the job cuts in a letter posted Wednesday.    

Many of the layoffs already have occurred, and others are expected at a date to be determined, Pace American said in the notice.

Overall, Pace American has laid off 250 employees at its five locations in Indiana, Georgia, Texas, Utah and Oregon as the company struggles to remain solvent.

U.S. District Court for the Northern District of Indiana granted a request Monday by three creditors of Pace to pursue an involuntary Chapter 7 bankruptcy liquidation. The three are owed a total of nearly $1.3 million, according to court documents.

Middlebury is about 30 miles east of South Bend.

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  • well........
    Was Mitch at this announcement with a ribbon and scissor? I guess he is off touring with his book about how to create growth and a good economy. Maybe if we had more interstates this company could have survived?

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  5. I thought this company would go bankrupt in 2013/2014. I predicted that four years ago. I was wrong. It will take another couple of years, but they will get there.

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