Struggling county hopes Chinese co. will rescue closed factory - 13abc.com Toledo (OH) News, Weather and Sports

Struggling county hopes Chinese co. will rescue closed factory

Posted: Updated:

WAVERLY, Ohio (AP) - New owners of the site of closed cabinetry factory are planning on bringing new businesses and jobs to the southern Ohio county with the state's highest unemployment rate.

The Columbus Dispatch reports that officials in Pike County are enthused about the new uses for a 57-acre plant that closed two years ago and took some 1,200 jobs. At its peak, it had employed 3,000 people.

Pike's unemployment rate in November was 11.9%.

Real estate development partners with a history of finding new uses for such sites bought the former Mill's Pride plant this month for $5 million from Masco Corp.

There are already plans for a lumber operation that will initially employ 28 people. And there are talks under way with a Chinese company about making furniture at the site.

 

Information from: The Columbus Dispatch, http://www.dispatch.com

  • RegionalMore>>

  • Warmer temps impact local crops

    Warmer temps impact local crops

    Wednesday, April 16 2014 5:36 PM EDT2014-04-16 21:36:04 GMT
    "We're getting hotter, longer, warmer heat waves, that's going to be the real problem."Scott Heckathorn and his team are racing to find answers for how plants react to heat.  He's watched them adapt over
    "We're getting hotter, longer, warmer heat waves, that's going to be the real problem."
  • Southwyck's future still cloudy

    Southwyck's future still cloudy

    Wednesday, April 16 2014 4:33 PM EDT2014-04-16 20:33:05 GMT
    Acre after acre of prime land in South Toledo sits as pitted concrete and untamed grass.The hot spot to shop for decades, sits alone; the future of the site, cloudy, even on a sunny day.Cheryl Gensler
    Acre after acre of prime land in South Toledo sits as pitted concrete and untamed grass.The hot spot to shop for decades, sits alone; the future of the site, cloudy, even on a sunny day.Cheryl Gensler
  • Michigan civil rights group develops mobile app

    Michigan civil rights group develops mobile app

    A Michigan civil rights organization has developed what it's calling the first mobile app to report discrimination, ethnic harassment and other forms of bigotry.
    A Michigan civil rights organization has developed what it's calling the first mobile app to report discrimination, ethnic harassment and other forms of bigotry.