Friday, May 31, 2019

CarbonLITE Preleases Manufacturing Facility in Reading, Pennsylvania

CarbonLITE, a company that specializes in processing used plastic bottles into bottle-grade PET resin flakes and pellets, preleased Endurance Real Estate Group's Berks61, a 270,000-square-foot manufacturing facility in Reading, Pennsylvania.

Plans for the facility at 4030 Pottsville Pike call for a TPO roof, ESFR sprinkler, LED lighting with motion sensors, 42 dock positions, three drive-in doors, available rail access and a 3,000 amp, 3-phase electric system. The 18.4-acre site is less than five miles from Reading Regional Airport.

The development has been approved for a LERTA tax abatement.

"Reading was right for CarbonLITE, access to one of the densest concentrations of blue-collar workers in Eastern PA with very few competitive big-box employers of similar scale will serve them well."

Founded by plastics entrepreneur Leon Farahnik, CarbonLITE currently operates two, 220,000-square-foot bottle-to-bottle PET recycling plants in Riverside, California, and Dallas, Texas, which, combined, process more than four billion plastic bottles annually, according to its website.

Berks61 is slated to be completed in the fourth quarter of 2019.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.