IPR News

Anderson sells former GM building to Northwind Electronics

by IPR News

November 30, 2010

Anderson city officials announced today that it will sell a vacant General Motors factory to Northwind Electronics.  The Indianapolis-based company says the move will bring more than 100 new jobs to the city in the next 24 months.  Northwind Electronics says it specializes in building electrical systems and components for work vehicles.  Company officials say it will use the building to expand its production operations.  The former Delco Remy factory is the last of the former GM buildings to be sold.  Known previously as Plant 16, it offers 168,000 square feet.  The deal is expected to be approved by the Anderson Redevelopment Commission this afternoon.  Anderson officials say the purchase price will be $335,000… but $300,000 would be given back to the company once it makes capital improvements on the property.