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The Versatech plant, which once housed a shoe factory, opened in 2000 as a cable manufacturer and is leased from Grover Stacey. The plant, which consists of several buildings, sits on more than 5 acres at Howard and Kovener streets.Plump said next year at the appropriate time there will be an attempt to find potential users for the plant.He also said the company’s exit won’t have a huge tax impact onCrothersville or Jackson County. In 2014, $2,382 was paid in personal property taxes. A similar amount will be owed in 2016, he said.According to the JCIDC website, Versatech employed about 173 people in early 2014, making it the lOth-biggest employer in Jackson County.Samtec Inc., headquartered in New Albany, employs about 4,000 people worldwide and has offices in 18 countries and seven manufacturing locations.
Newspaper Details
The Tribune
Seymour, Indiana, US
Wed, Mar 18, 2015
Page 5
Full Page
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Anonymous
CA, USA 18 Oct 2024
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