The new home of machine tooling company Northwestern Tools in Kettering has sold for $2.15 million, Montgomery County property records show.
The sale was recorded Wednesday, with Davis and Davis Tool identified as the seller and Siva Properties LLC named in records as the buyer.
Brian Thomeczek, chief executive of the family-0wned company, said Friday Northwestern Tools is already in the building.
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Last November, the city of Kettering applied for $100,000 in Montgomery County development funds to assist Northwestern’s $2.7 million move to that building.
Northwestern wanted to move about two miles from 3130 Valleywood Drive to the 6-acre property at 4800 Hempstead Station, and Kettering received $80,000 from the county to help the move.
The county expects the company to create 25 new jobs while retaining 40 current ones as a result of the move.
Northwestern was founded in 1942 by Gene Thomeczek. Today, the company serves the aerospace, medical and other markets with more than 2,000 products.
Located near Interstate 675, the building offers 9,632 square feet of manufacturing space. Dave Tobeson, senior vice president with Cushman and Wakefield, was the listing broker.
“It’s a beautiful building they went into,” Tobeson said Friday.