In 1995, Carpenter began a series of major changes within the company in order to regain lost market share. To modernize its production facilities, Carpenter moved out of its aging facilities in Mitchell, Indiana and leased the shuttered Wayne facilities in Richmond, moving its corporate headquarters there. By moving to the Wayne facilities, Carpenter had the asset of combining its own team with former Wayne Corporation employees. Both the leadership and workforce based at Richmond included a number of veterans of the former Wayne operations there; as such, they brought considerable experience and knowledge of the plant and industry to the effort. Nevertheless, major outside forces still to be faced were a supply of suitable chassis and the overcapacity of the body industry