Win-Win.................................

A few years ago we bought a 160,000 square foot industrial building.  The previous owner had shuttered two plants in our community; this was the larger of the two.  At the time, it was a big loss of jobs and energy.  After the building sat empty for a while, we made our offer and it was accepted.  About the same time, we were introduced to two seasoned entrepreneurs who had purchased some large manufacturing equipment overseas and were seeking a Central Ohio location to set it up in.  We liked them.  They liked us. Our needs coincided.  We agreed to a one year lease, with one very long option period.  Gave them a chance to make sure their plan would work.  If it worked, it would give us a very nice investment. It worked. The lease option was executed. It is now a few years later, I stopped in to check out the action yesterday. The new plant is humming along nicely.   It is highly automated operation, so the employment numbers are modest, but a second shift may be on the horizon.  Still, it has been a win-win.  The community gained a new employer with growth and profit on their minds, and a vacant building was put back into productive use. All good.