Trail King, the biggest private employer in Mitchell, has changed hands.
The Mitchell-based company was sold Monday, Trail King announced Tuesday morning. Carlisle Companies Inc. sold it to CC Industries Inc., the holding and management firm of the Henry Crown Company.
Trail King Industries Inc. President Carol Lowe, who said she will remain, termed the sale â€œvery positive news.â€
Lowe said both plants, including the Mitchell facility and one in West Fargo, N.D., will remain open. A third plant in Pennsylvania was closed and sold last year.
There are 324 employees at the Mitchell location, 225 in West Fargo and another 19 regional sales managers and support staff. All will be retained, Lowe said, as the company rebuilds its workforce. Benefits will remain the same, she said.
Employees will learn more at two meetings today, one at 10 a.m. and the second at 5:15 p.m. CCI officials, including Bill Crown, the president and CEO, will attend the meetings.
See much more in Wednesday’s Daily Republic.
Any thoughts, current or former Trail King employees? What impact wil this have on Mitchell?