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Pana Industrial Development Corporation Announces Sale of Former National Greenhouse Building to B&R Barge and Marine

The Pana Industrial Development Corporation this morning announced the sale of the former National Greenhouse building in their Industrial Park, to Ross Kirkendoll, owner of B-and-R Construction, B-and-R Barge and B-and R Marine.  The Barge and Marine divisions, located at separate locations in Taylorville, will be moving to the Pana building.   

 

A signing ceremony took place this morning at the board room of People's Bank and Trust in Pana, who is the lender in the transation.  In the picture above, Kirkendoll (left) signed the paperwork to purchase the building.  People's Bank and Trust President and CEO John Gardner, whose bank provided financing for the purchase, is at the right.

 

 

Kirkendoll outlined to Regional Radio News how his businesses have evolved since 2010 when they started in a small building in Herrick.

 

 

And, he added his business has already upgraded some equipment for the pending Pana location.

 

 

Kirkendoll said the company currently employs around 25 employees and hope to get the employee count to 37 in the next 5 years.   He added the Shelbyville boat sales and repair business will remain open.

 

The Barge division sells some 150 sections nationally each year, while the Boat sales and service division moves some 300 boats and 200 outboard motors each year.

 

The Pana Industrial Development Corporation brought buyer and seller together for Friday's (today's) transation, and Pana Economic Development Director Kirby Casner told Regional Radio News they were excited to bring the buyer and seller together.

 

 

Kirkendoll added the Boat division buildings in Taylorville are under contract to be sold, with a move-out date of June 30th.

 

 

B&R Barge and Marine closed on the purchase of the former National Greenhouse building in Pana's Industrial Park this morning.  Standing in front of one of the boats B&R repaired in their shop are, from the left:   John Gardner, President and CEO, People's Bank and Trust, which financed the transaction: Pana Industrial Development Director Kirby Casner; and B&R Barge and Marine owner Ross Kirkendoll.

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