[CPEO-BIF] "Waterbury Industrial Commons, Waterbury," Connecticut

[Lenny Siegel <lsiegel@cpeo.org>]

King Industries Expanding To Waterbury

By MIRANDA ZHANG
Hartford Courant (CT)
August 6, 2014

King Industries Inc., a manufacturer of specialty additives used in the aerospace, automotive and electronics industries, will close the transaction of purchasing a 10.75-acre industrial site at Waterbury Industrial Commons, Waterbury Mayor Neil M. O'Leary's office announced Wednesday.

The company's owner and president Richard S. King and O'Leary will sign the $750,000 purchase contract for the property, a remediated brownfield site on Thomaston Avenue, at 10 a.m. Thursday.

Based in Norwalk, the global company plans to spend $50 million over the next 10 years to build an 80,000-square-foot manufacturing facility at the industrial park. The new center will take up more than a third of the 30-acre park and will generate $1.4 million in property taxes per year, according to the release.

…

For the entire article, see
http://www.courant.com/business/hc-king-industries-to-expand-0807-20140806,0,6927221.story

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope Street
Mountain View, CA 94041
Voice: 650-961-8918 or 650-969-1545
Fax: 650-961-8918
LSiegel@cpeo.org
http://www.cpeo.org




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