A plastics manufacturer and distributor is interested in an industrial site at 3345 Stop Eight Road, Vandalia’s assistant city manager said.
The company, which she did not name, is a distributor of imported rubber products. The city is seeking Montgomery County development dollars to help bring the company to the site.
“They specialize in PVC vinyl mats, industrial sheet rubber, masticated rubber and rubber mats for use in agriculture, mining, automotive and other industries,” Amber Holloway told this news outlet.
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In all, a pair of buildings near each other on the Vandalia side of Stop Eight Road are seeing plenty of activity these days.
A limited liability company just bought a Stop Eight Road industrial building for more than $1.3 million.
Amcor Rigid Plastics LLC sold the building at 3435 Stop Eight to Stops LLC for $1.325 million Thursday, according to Montgomery County property records.
Holloway said the city was not involved in the search or purchase of that building.
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“I think this area is so attractive to companies largely due to location,” Holloway said. “Stop Eight Road has easy access to (Interstate) 75 and is located exceptionally close to the I-70/75 interchange and the many amenities available off Benchwood Road.
She added: “I also believe that as a city, and as a region, we are easy to work with and find innovative ways to attract and retain businesses and word is getting out.”
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Last week, the county released the city of Vandalia’s application for $175,000 in county development funds to help an unnamed company refurbish and develop the building at 3345 Stop Eight.
That development would create 44 new jobs, Vandalia said in its application for Montgomery County ED/GE (Economic Development/Government Equity) funds. The new jobs there would have an average salary of $41,000 and a total annual payroll of $1.8 million, Vandalia said in its ED/GE applications.
The other building, 3435 Stop Eight, offers 80,000 square feet of rentable space, according to property records and a real estate listing.
In the fall of 2015, Amcor Rigid Plastics bought the Eco-Groupe facility at 3435 Stop Eight for $1.8 million. However, the company ceased operations there by late 2016.