A federal bankruptcy judge in Montgomery approved the sale of the old Dorsey Trailers plant.
Seven-years-ago, more than 500 area residents worked at Dorsey trailers. It was one of the largest private employers in the wiregrass.
In 2004, the company closed its doors for the second time in its 80-year history.
Pitts Enterprises outside of Phenix City purchased the plant and the Dorsey name for two-million dollars.
A company spokesman says they plan to start manufacturing heavy duty construction vehicles like bulldozers with a workforce of around 80 people.
"So many of us had parents that worked for Dorseys,” said Elba Chamber of Commerce Director Kaye Whitworth.
“It was devastating when they closed down. It was an important part of the economy and that's what we in Elba was famous for, Dorsey Trailers."
A company spokesman says they'll begin the process of hiring in another month or two, but at this time, no applications are being taken.