THE
THOMASTON UPSON INDUSTRIAL DEVELOPMENT AUTHORITY UNWRAPPED A
BIG GIFT ON THE DAY AFTER CHRISTMAS. FOLLOWING AN EXECUTIVE
SESSION TUESDAY, THE IDA ACCEPTED A DONATION OF THE OLD
FEDERAL PAPER BOARD BUILDING FROM BUSINESSMAN SCOTT
BLACKSTOCK.
THE
36 ACRE TRACT AND BUILDING HAD BEEN ON THE MARKET FOR $1.8
MILLION—BUT THE IDA'S OWNERSHIP WILL INCLUDE THE BUILDING ,
PARKING LOT AND 19 ACRES , NOT ALL THE OPEN GROUND BEHIND
THE BUILDING.
THE
LAST COMPANY IN BUSINESS THERE , TRIUMPH, LEFT A COUPLE
OF YEARS BACK.
IDA
CHAIR BILLY JOHNSTON THANKED MR. BLACKSTOCK FOR THE
DONATION AND SAID THE BUILDING NEEDS SEVERAL HUNDRED
THOUSAND DOLLARS OF UPGRADES, BUT THE BOARD MIGHT PUT IT
ON THE MARKET AS IS.
THE
IDA JUST SOLD THE SPEC BUILDING FOR $600,000 TO GOLDEN
STAR, SO THE FEDERAL PAPER BOARD SITE GIVES IT A NEW
OPTION TO OFFER INDUSTRIAL PROSPECTS.
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