IBJNews

Electronics maker buying former GM factory in Anderson

Back to TopCommentsE-mailPrintBookmark and Share

Northwind Electronics LLC will invest $954,000 to buy, renovate and equip a former General Motors factory in Anderson—creating as many as 100 jobs in the next two years, state economic development officials said Tuesday afternoon.

The year-old firm, which makes electrical systems for work vehicles and heavy equipment manufacturers, has agreed to buy Plant 16 from the city of Anderson. It will be the last of three factory buildings to change hands since the city took possession of the automaker’s properties in 2006.

Northwind now employs 10 manufacturing workers, the state said in a news release. Indiana Economic Development Corp. offered up to $475,000 in performance-based tax credits and $22,500 in training grants. Anderson officials also will consider a property tax abatement.

The 168,268-square-foot former GM plant is located about two miles from Interstate 69, according to a real estate listing for the property. The asking price was $350,000.

IBJ reported earlier this month that the property was under contract to an unnamed Indianapolis company. The sale comes just three months after Anderson-based S&S Steel Services Inc. bought GM’s former Plant 20 for $1.5 million.

The city also has 70 acres of vacant land—another former GM site—under contract with an unidentified company from out of state.

"It's great to see new operations coming to this currently vacant facility," Gov. Mitch Daniels said in a prepared statement. "It proves that Anderson and Indiana are competitive places to locate a new venture."

Anderson was once the largest GM town outside of Flint, Mich. When the automaker pulled the plug on the last factory, it turned over three buildings and 180 acres to the city. Much of the vacant land contained factories that GM razed.

An Anderson company, Hy-Tech Machining, bought the former Plant 18 at 2900 Scatterfield Road for $425,000 in 2008. The building is something of a local landmark because of its turquoise exterior.

The city has offered low prices on the GM properties as a lure for growing companies.

Northwind's investment comes as good news to the city, which recently lost out on a bid to land Bright Automotive's tech center. The Anderson-based company chose Michigan for the facility, which could employ as many as 200 workers.

ADVERTISEMENT

  • new business in Anderson
    Chuck
    this is the company we had talked about on the conference call Wednesday
    George

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

ADVERTISEMENT