The Mail-Journal, Volume 6, Number 52, Milford, Kosciusko County, 28 January 1970 — Page 38

Regent-Cambridge homes—

<Continued from previous page) Max Ganshorn is general manager of both plants. ’ Monarch Industries, Inc., the parent company, likes to think of itself as “The Progress Company.’’ It became a publicly

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owned company in June 1968 when its first stock was sold over the counter. Its first day trading, when its stock went from $6.00 to nearly $20.00 per share, made national financial news in Time Magazine, The New York Times and The Wall Street Journal.

Its market includes nearly half of the United States. Other divisions of Monarch Industries and Monarch Homes besides Regent and Cambridge Homes include Fawn, Inc., a mobile home manufacturer at Howe, Indiana; Regent Homes of Valdosta, Georgia; Coppes Kitchens of Nappanee, Indiana, manufactures of kitchen cabinets

and school furniture; and a lumber division at Syracuse, Indiana, for the processing <nd cutting of lumber. The company’s purchase of Coppes Kitchens was its first move toward diversification. Its plans include more diversification and the establishment of other mobile home manufacturing plants.

Monarch Industries is building a new 15,000 square foot corporate office building on road 33 east of Goshen, reach for occupancy February 1. Approximately 35 empolyees will occupy the new offices, which will include, among other modern features, a temperature-and humidity-controlled computer room.