CHICAGO—Hoist Liftruck Manufacturing Inc. has finalized its purchase of the East Chicago Enterprise Center in East Chicago, IN, and company officials say they plan to relocate and expand their corporate headquarters and production to the new facility by January 2016. The company will occupy about half of the 550,000 square foot property. The remaining space is already leased to other businesses.

In making this move, the Bedford Park, IL-based manufacturer of high-capacity liftrucks has taken the unusual step of relocating into a 110-year-old building that needs significant capital investment, and into a region that over the past few decades has seen much of its industry leave.

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