New Haven
New Haven, OH · Business
1831galion.com
The News-Messenger
Evergreen Recycling plant sold for $7 million
The empty Evergreen Recycling LLC buildings and manufacturing plant in Clyde has been sold for $7 million. Forever Green Plastics LLC purchased the two Clyde properties, 13.3 acres at 609 Elm St. and 21.36 acres at 202 Watertower Drive. As previously reported, Evergreen made a $22 million expansion at that facility to manufacture food-grade recycled PET (rPET), then abruptly closed in February. The $7 million deed transfer is evidence of a transaction, but doesn't establish whether Forever Green bought the operating business, is a successor company, is controlled by Evergreen's owners/lenders, or merely acquired the real estate. Property transfer records show the business is using the 202 Watertower Drive address as its official address with the Sandusky County auditor. A mass layoff notice of 165 workers, issued under the WARN Act as required by Ohio Law, was made on Feb. 24 by Evergreen. The notice indicated that all Evergreen Recycling facilities would be closed. “This one happened very quickly. We didn’t, and the company didn’t, really even have that much notice. They let us know as soon as they heard, and we’ve been running since," Assistant Director of Sandusky County OhioMeansJobs Center Casey Nead said in February. "This one was
Cleveland.com
NewsForce 24/7
shoppingcenterbusiness.com
wadsworthcommunityradio.com
Goodyear Announces Sudden CEO Change Following $238 Million Quarterly Loss
A major leadership shakeup is underway at Akron-based Goodyear Tire & Rubber Company, with the company’s new interim CEO set to receive a compensation package valued at more than $1.3 million per month. The tiremaker announced Monday that CEO and President Mark Stewart is leaving the company and its...
Cleveland.com
Cleveland Hopkins Is Rebuilding Its Airport — And Local Taxpayers Won't Pay a Dime
signalakron.org
Historic Akron Soap Company building converted into 53 new apartments
An 1893 soap factory that later made cereal and paint, and an attached 1919 warehouse, have been transformed into 53 apartments close to downtown Akron. The $14 million soap factory project represents the first time that Oriana House, a community corrections and behavioral health agency, has moved into market-rate housing. The decision to do so came after the group acquired the old factory at 243 Furnace St., about a half mile northeast of Luigi’s and less than a mile from downtown.