Way Interglobal hosted its groundbreaking ceremony June 17 for a new global headquarters in Elkhart, Indiana. The supplier is slated to move into the new facility in late 2022.
“This is a monumental day for our company,” Way CEO Wayne Kaylor said of the groundbreaking. “We have been growing rapidly, expanding our product lines, adding great people to our team and the next step is building the kind of space that will allow Way to continue expanding its industry footprint.”
The nearly 800,000 square-foot warehousing, showroom and office space will consolidate and expand Way’s total 360,000 square feet across three locations. To help service growing company needs, the company stated it expects to grow its current team by 30%.
Way’s new headquarters will be one of the largest buildings in Elkhart County.
“Our new headquarters is a commitment to our customers, but also the region where many of us live and work,” Kaylor sad. “We are proud to call Elkhart County home and will long into the future. The building will bring all our facilities under one roof and allow our team to better collaborate and work together. We could not imagine a better location for this expansion than Elkhart.”
Since its founding in 2010, Way added several product brands, such as Drive, Everchill, Elite, Haven and Greystone, to meet RV enthusiast needs.
“Our innovation has made this opportunity possible,” Kaylor said. “With cutting edge products like the Everchill 12-volt refrigerator, we bring new and impressive options to the RV industry. The new building will more than double our size, advance our capabilities and allow us to add more innovative products that will only better our customer’s experience.”
The groundbreaking ceremony was attended by state, local, and private industry leadership from the state and region. The project’s building partner is Nuway Construction of Goshen, Indiana.
“I think about the vibrancy of our county and what is happening right now,” said Levon Johnson, Elkhart Chamber of Commerce president. “I look at the traffic going by and I think about how Way, with the help of Nuway Construction, is going to be the front door for the western moving traffic and the ‘thank you for coming’ as people drive back east. The city and I are absolutely excited about this project and the opportunities that will arise from it.”
The Indiana Economic Development Corporation (IEDC) offered Way up to $1 million in conditional tax credits based on the company’s job creation plans to create 108 new jobs by the end of 2024. IEDC also offered up to $400,000 from the Hoosier Business Investment tax credit program based on the company’s planned capital investment in Indiana. The tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired and investments are made.
“Indiana is a powerhouse when it comes to the RV industry,” said Indiana Interim Secretary of Commerce Jim Staton. “We are grateful for companies like Way Interglobal that are investing millions of dollars in Indiana while providing quality Hoosier jobs.”