Beacon Redevelopment Industrial Corporation (BCND)

[mick]

does the salvage part when done, BCND own the land?????
wonder how high the bids will go?????

re;
This is exactly what the CEO told me yesterday. Wow already 25 interested party's....


GRAPEVILLE, PA-More than 25 companies have submitted offers to salvage materials of the former Westmoreland Glass Co. factory. The current owner, Beacon Redevelopment Industrial Corp. of North Huntingdon, PA rejected a $5.5-million demolition bid in late July, announcing it would take bids for the job, which is expected to produce $15 million to $18 million of salvageable materials.
"We have had an overwhelming response since we announced we were taking bids. More than 25 companies have contacted us. Six companies are going to look at the site," Adam Marek, president of Beacon Redevelopment, tells GlobeSt.com. "We're going to be interested in those companies with experience with brick and metal."

Investors built the glass factory in 1889, where its famed milk glass operation was housed until 1984 when the company went out of business. Hempfield Township supervisors have tried to have the buildings torn down for the past 13 years, according to Marek. In 2006, the township ordered the 16-acre site to be razed. Marek says there has been no opposition to tearing down the facility. Beacon acquired the site last month.





Caspermick

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