Thursday, 29. August 2002

trinkt niemand mehr ALK ?


Bayer selling former Alka-Seltzer factory for $1 The Associated Press

ELKHART, Ind. (August 28, 5:49 a.m. ADT) - Bayer Corp. is selling a former Alka-Seltzer factory for less than you would pay for a box of the fizzing tablets - $1. But whoever buys the building may need to stock up on the tablets because its $6 million to $7 million a year in maintenance costs could give anyone a case of indigestion.

For Elkhart Mayor Dave Miller, though, the news helped ease any concerns he had about the site.

"Bayer's willingness to essentially give the building to a qualified operator is probably the best news for the city of Elkhart," Miller said.

The building has 933,000 square feet of space and includes space for manufacturing, laboratories, offices. It also includes large refrigeration units that could be used for a company working with foods, said Joe Martin, senior vice president and general manager for Bayer Diagnostics. "The benefit for the city is that they'd be able to get someone to come in and occupy that space and bring in employment and taxes at a low cost to them," Martin said. Bayer would save the cost of maintaining the building, as well as the $20 million it would cost to demolish. "So it's really a win-win situation for everybody," Martin said.

... Comment