A company headquartered in Mason, Michigan recently purchased a vacant industrial building in the City of Wauseon for an expansion of their recycling business. Cleanlites Recycling is currently working to renovate their new facility for operations and will utilize their Wauseon plant to recycle air bags as well as other materials.
The City of Wauseon approved a local Job Creation Tax Credit as an incentive for the company to choose the Wauseon building. The building has been vacant for nearly eight years and was formerly used in the food processing industry. Cleanlites Recycling will begin their operation with ten to fifteen employees.
VMT Holdings, LLC
The Village of Archbold CIC and the Fulton County Economic Development Corporation (FCEDC) collaborated on a project that provided a loan to a group of investors that recently acquired an industrial building inside the village. The building has been used for warehousing for several years and formerly housed a manufacturing company in the automotive sector.
The 75,000 square foot building was in poor shape and needed renovations on the interior and exterior of the building. The Archbold CIC provided the loan, so the investors could renovate the building and clean the exterior as the building is located on a major thoroughfare.
Renovations are completed and the building is marketed for lease on the FCEDC website as well as through DLM Realty.