A 57-acre property previously used by Nippon Sharyo, a Japanese railcar maker, has been purchased; however, the buyer and what the two buildings will be used for has not yet been identified.
This item is available in full to subscribers.
To continue reading, you will need to either log in to your subscriber account, or purchase a new subscription.
If you are a current print subscriber, you can set up a free website account and connect your subscription to it by clicking here.
If you are a digital subscriber with an active, online-only subscription then you already have an account here. Just reset your password if you've not yet logged in to your account on this new site.
Otherwise, click here to view your options for subscribing.
Please log in to continue |
ROCHELLE — A 57-acre property previously used by Nippon Sharyo, a Japanese railcar maker, has been purchased; however, the buyer and what the two buildings will be used for has not yet been identified.
“All we know is what is in the public record regarding the purchase of buildings that were once home to the Nippon Sharyo manufacturing facilities,” City of Rochelle Economic Development Director Jason Anderson said. “We are waiting to meet with the company representatives and it will be up to them to make an announcement on the name of the company and what the use of the facilities will be.”
According to public record, the facility is listed under the name of a limited liability company, 1600 Ritchie Court. That LLC was filed on Nov. 7 in the state of Delaware under The Trust Corporation of Wilmington, Delaware, in New Castle County, Delaware.
The two building, 800,000 square foot facility was previously owned by the railcar manufacturer and was opened in 2012. The company announced its closure in 2018; prior to closing, there were several rounds of layoffs at the facility.
“I think it closed on the 12th of December,” Anderson said. “I am not sure when we will meet. The broker is the "go-between" and he says they will contact us when they are ready to talk.”
