"Tecniplast USA bought a building in the Goshen Corporate Park where it will relocate and expand its operations. The company is expected to hire 25 to 30 new employees.
Tecniplast bought a 77,000-square-foot flex structure on eight acres at 1345 Enterprise Drive in West Chester, as well as an adjacent four-acre site, for $7.025 million. The seller was an entity once affiliated with Electronics Boutique. Tecniplast makes cages, racks and washing equipment for laboratory animals and is currently in 10,000 square feet of office space in Lionville. The company will occupy most of the building. Ryan Homes leases about 8,000 square feet.
Tecniplast plans to demolish about 20,000 square feet of the office space in the Enterprise Drive building to convert it to warehouse and manufacturing space. It will house its administrative offices in the space as well as manufacture products and conduct final assembly in the building.
The building had been on the market for about six months. At first the owner was trying to lease up the mostly vacant building but then decided to switch gears and sell. Tecniplast is scheduled to move in August."
Tuesday, July 20, 2010
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