“Their plan is to move the business operations to Brookville,” Kuntz said. “The building has been vacant for several years, so there will be considerable investment on building improvements made by the company over the next several months, and we believe the transition to full operational capabilities will coincide with the building improvements.”
He added: “We believe this site gives the company a great opportunity to continue to expand their operations while also providing the city with a new end-user that fits into an expanding industry in the region.”
A limited liability company purchased the Brookville plant for $1.2 million, recent Montgomery County property records show. Carr Drive Investments LLC bought the former IMI Precision Engineering/Norgren Inc. plant at 325 Carr Drive.
The seller was another LLC, Illinois-based HVA Holdings, with county records giving a sale date of Dec. 29.
Ohio secretary of state office incorporation papers link Carr Drive Investments to Hess, who incorporated the company in October.
Fluid controls technology producer IMI Precision Engineering — also known as Norgren — closed its facility at 325 Carr at the end of May 2020. Littleton, Colo.-based Norgren Americas specialized in motion and fluid control technologies, focusing on pneumatic actuator products.
“This is going to have a very large impact on the city of Brookville,” Sonja Keaton, then-Brookville city manager, said at the time. “With the loss of approximately 109 employees, this will be a major blow to our income tax, as IMI-Norgren is one of our top employers in the city of Brookville.”
Located minutes from Interstate 70, the building, built in 1973, has a rentable area of nearly 62,000 square feet, according to real estate marketing materials.
In another recent purchase, county auditor’s records show that an LLC, Willow Creek Holdings, bought light-manufacturing properties at 1944 and 1960 Troy St. in Dayton for a total of $1.1 million.
Questions were sent to the Cincinnati-area resident who incorporated Willow Creek Holdings in 2023, according to state records.
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