Grace College Sells Winona Lake Property to Silveus Insurance
Grace College & Seminary has reached an agreement with Silveus Insurance Group for purchase of its property between 9th and 12th Streets in Winona Lake. Silveus plans to use the property to build a new corporate headquarters. The Winona Heritage Room, which is located on the property, will continue to be operated as a community and events center space.
Silveus Insurance Group is a national leader in crop insurance. Since the 1940s the company has sought to help farmers manage risk. Now in its fourth generation of leadership, the company has grown to employ nearly 150 people in several Warsaw and Winona Lake locations.
“We are thrilled to soon house all Silveus employees under one roof,” said Craig Snow, chairman of the board at Silveus Insurance Group. “The growth of our company over the last several years has necessitated a new headquarters. Constructing a facility next to The Village at Winona and very close to Grace College is ideal,” he continued. “We look forward to partnering with The Village and exploring new connections with Grace College and its students.”
Mary Louise Miller, who founded The Village at Winona along with her late husband Dr. Dane Miller, says the location of Silveus next to The Village will be a benefit to the community.
“Silveus Insurance is a community-minded company that will add beauty and prosperity to Winona Lake. I am very pleased to welcome Silveus as a new neighbor and friend of The Village at Winona,” she said.
Dr. Bill Katip, president of Grace College & Seminary, commented on the synergy between Grace’s new agribusiness program and Silveus’s new headquarters.
“Silveus has been a long-time supporter of Grace College and our students,” said Katip. “Many Grace alumni work at Silveus, and many students have enjoyed internships at the company. With the start of our agribusiness associate and bachelor degree programs this fall, we anticipate even more meaningful internship and job opportunities for Grace students in the future.”
According to Katip, the agreement will also be a boon for the Winona Lake community.
“Grace College students, faculty and staff regularly enjoy all that The Village has to offer. From restaurants to shops and recreation opportunities, there is so much to appreciate in The Village at Winona,” said Katip. “Certainly the addition of 150 Silveus employees in Winona Lake each week day will benefit all involved. We look forward to ongoing, strong connections between Grace College and the Winona Lake community.”