35 northwest of the city. In late 1964, construction began on the new facility, at a cost of $3.5 million. As it opened at the beginning of 1967, the new Richmond factory included assembly and manufacturing for all Wayne product lines under one roof, including steel manufacturing presses, rust-proofing equipment, and paint booths. Although export buses would remain shipped in CKD form (to ease shipping), the new factory allowed all buses to leave the factory fully assembled and driveable. Divco-Wayne breakup From 1967 to 1968, the makeup of Wayne Corporation would change significantly, changing hands twice within 2 years. At the end of 1966, Divco was put up for sale and sold to Transairco. At the beginning of 1967, Newton Glekel put the entirety of Divco-Wayne Corporation up for sale. After several offers, the company was sold for $47.1 million in January 1968 to Boise Cascade, a wood-products manufacturer. As Boise Cascade had sought out Divco-Wayne for its manufactured-housing division, Wayne Corporation was resold in October 1968 for $15 million to Indian Head, Inc., a textile conglomerate. The sale included Wayne Corporation and its transportation-segment subsidiaries: Welles, Miller-Meteor, and Cotner-Bevington. Wayne Corporation (1968-1992) Indian Head ownership (1968-1975) Divco-Wayne had formed a union and had expanded into a moderate sized-conglomerate, with all facilities basically within of Wayne's Richmond, Indiana base. In contrast, Indian Head was already a large and diversified corporate conglomerate when it purchased Wayne Corporation and its subsidiaries in 1968. Indian Head Inc. acquired Wayne Corp., which its history recorded as "maker of school buses, ambulances, hearses, professional cars" from Divco-Wayne. New-generation buses The late 1960s and early 1970s led to the development of new platforms suitable for use for small school buses. Additionally, to improve the basic structural integrity of full-size school buses, Wayne engineers went back to the drawing board and changed how school buses were constructed with an all-new body design. Small buses: Papoose and Busette In the early 1970s, the principal platform for school buses smaller than conventional types but with more than 4 wheels was the truck chassis in widespread use for commercial delivery work: the step van. Essentially developed as a newer, larger generation of the Divco truck or IHC Metro van, the step van chassis was built with dual rear wheels and shipped to a body manufacturer with a bare frame. Often referred to as a "P-chassis", step-van chassis were produced by