The building, located at 505 Strauss Provimi Road in North Manchester, has been the location for many businesses over the years, including the Peabody Seating Co., Tri-Lakes Container and Sun Metal Products. Now, it is under management by Joe Sands and Christian Tucker from S&T Investment Group.

“S&T Investment Group LLC is thrilled at the opportunity to be part of the historic community of North Manchester and to be part the greater Wabash County Business Community,” Sands said. “The purchase and revitalization of the historic Peabody Furniture factory location is for us, a dream come true. One of our primary goals is to be a contributing member of the community and to see this building once again adding to and being something that the community can be proud of.”

In May 2023, Sands and Tucker purchased the space and have plans to invest over $1.5 million to update the building with the intention of opening up opportunities for local businesses looking to rent space.

“With already securing three tenants in the location, we are excited about the leasing of space for small business development and growth as well as warehouse space,” Sands said. “While there is still a lot of work to be done, we have come a long way in our short, less than three months of ownership and encourage people who might be interested in researching what a partnership with S&T Investment Group looks like to reach out to us.”