Binswanger Negotiates $4M Sale in Douglas, Georgia.ATLANTA -- Representing Tecumseh Products Tecumseh Products Company NASDAQ: TECUA NASDAQ: TECUB is a manufacturer of gasoline engines, hermetic compressors for air conditioning and refrigeration products, and power train components for lawn and garden applications, industrial pumps, and small electric motors. Company, Binswanger has arranged the sale of a 342,475 sq. ft. building on 53 acres to American Insulated Wire wire covered with some nonconducting material, such as plastic or silk, for use in conducting electricity. See also: Insulated Corporation. The property is located at 1545 Kellogg Drive in Douglas, Georgia Douglas is a city in Coffee County, Georgia, United States. The population was 10,639 at the 2000 census and 11,246 as of 2006 census estimates. The city is the county seat of Coffee CountyGR6. . Sale price was $4,000,000. Binswanger, the Douglas-Coffee County Chamber and Economic Development Authority, and the Georgia Department of Economic Development worked together to bring Mansfield, Massachusetts-based American Insulated Wire Corporation to Douglas. The company will run a manufacturing operation at the Kellogg Drive facility, which is crane-served and features ceiling heights to 30' clear. American Insulated Wire Corp. is a fully-owned subsidiary of Leviton. Tecumseh Products Company consolidated its manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. and halted production at the Douglas facility over a year ago. A global manufacturer of hermetic hermetic /her·met·ic/ (her-met´ik) impervious to air. her·met·ic or her·met·i·cal adj. Completely sealed, especially against the escape or entry of air. compressors, gasoline engines and power train components, submersible pumps, and small electric motors, Tecumseh products are sold in over 120 countries. Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with over 160 offices worldwide throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, Asia, and Australia. |
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