An Austin-based, family-owned manufacturer with over 70 years of history has relocated, becoming the first company to settle in Elgin’s new Business Park development with an updated $12 million facility.Carr Lane Manufacturing, a maker of precision tools and components used in aircraft, automotive, spacecraft and furniture manufacturing, moved with its staff of 70-plus to 509 Innovation Way on Aug. 10, off of Texas Highway 290.Employees and leaders gathered to cut the expansion’s ceremonial ribbon – the new plant is the biggest investment in the company’s seven decades of operation, still growing in a highly competitive industry, according to representatives.Carr Lane ...