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3 vacant mills in western Massachusetts are sold

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Wednesday, August 6, 2014

Screenshot 2014-08-09 11.14.18

Associated Press

LEE, Mass. — A Wisconsin-based development company has bought three vacant paper mills in western Massachusetts and is talking with local officials and others about how to use the properties.

Niagara Worldwide of Niagara, Wisconsin, bought the Columbia and Greylock mills in Lee and the Niagara Mill in Lenox Dale. The sale prices weren’t disclosed.

Niagara President Eric Spirtas told The Berkshire Eagle (http://bit.ly/1kmp41j ) that his company is working with local officials, other developers and prospective tenants on possible redevelopment of the mills, which were closed more than six year ago by previous owner Schweitzer-Mauduit International. Spirtas also says the company will be seeking the public’s input.

The Columbia and Niagara mills date back to the 1800s, while the Greylock Mill was built in the mid-1960s. All three are in residential neighborhoods.

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Information from: The Berkshire (Mass.) Eagle, http://www.berkshireeagle.com 

Prepared by:
NIAGARA Worldwide LLC
Eric J Spirtas
President

USA Address:
WISCONSIN
 – 1101 Mill Street, Niagara Wisconsin 54151
OHIO – 43840 Ohio #7, Hannibal Ohio, 43931
MISSOURI – 6727 Langley Ave., St. Louis Missouri 63123
+1.314.780.3742 Direct – +1.866.735.9925 Fax
eric.spirtas@niagaraworldwide.com
www.niagaraworldwide.com

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2 Liquidations – 24 MW Biomass Plant MAINE and COMPLETE Biomass Gasification Plant FREIBERG GERMANY

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24 MW Biomass Power Plant – STACYVILLE, MAINE USA

• Amtek L.P. Heat Exchanger
• Amtek H.P. Heat Exchanger
• Grinnell Turbine Extraction
• G.E. & U.S. Motors Sootblowers
• WAPC-Canada Ridgid Precipitator
• Thomas Conveyor/Lane Supply Hopper Augers
• FMC Vibrators, Hopper
• Consolidated Safety Relief Valves
• Consolidated Turbine Extraction Valves
• General Electric Main Transformer
• Westinghouse Precipitator
• Westinghouse 3-Phase Boiler
• Land Instruments, Dynatron & Ametek Computerizes Monitoring Systems
• Zurn Industries MAIN BOILER
• Cleaver Brooks AUXILARY BOILER
• Atlantic Gulf Stack: 8′ I.S. Dia. X 160′ high
• Powex System Water Treatment
• Quantek Oil/Water Seperator
• Philadelphia Waste Tank Agitator
• Philadelphia Rinse Tank Agitator
• Peerless Truck Dumpers
• General Kinematics Destoner
• Atlantic Gulf Hog O.F. I Conv.
• Industrial Services Inside Storage Reclaimer
• Dresser Turbodyne Main Steam Turbine
• Delaval Lube Oil System
• Dresser Emergency Lube Pump
• Bently Nevada Vibration Monitoring System
• Electric Machine/DresserBrushless Main Generator
• Trane HVAC Systems
• Main Air Cooled-#2,#3, #4 GEA P.O. 1953-01688
• Main Air Cooled – #1 (Deflagmeter) GEA P.O. 1953-01688
• Kinema Steam Jet Air Ejector
• Baltimore Aircoil Cooling Tower
• Cataract Steel Indust. Gland Seal-Turbine
• Zurn Industries Pressure Vessels
• Feedwater, Clearwell, Decant Caustic Tank, HCL,
Neutralization Waste Water, Concentrated Waste
Water, Rinse Water, Cooling Water, Oil Storage, Reuse
Water, Hot Well & Process Condensate Tanks
Complete Biomass Power & All Equipment

CHOREN Biomass Gasification Plant
FREIBERG GERMANY

• Aggretech/MTU 1400 Emergency Generator
• V340 Emergence Generator
• Aerzen / Siemens Geafol Transformers
• Switchgear: low and medium voltage
• Elektrotechnik / Automatisierung
• Kaeser CSD 102T BSD72T
• Diesel Fire Pump, FH-AD 1086-07
• KSB Pumps, Etanorm MX 150-400
• Holzhauer Pressure Maintenance Pump, FH-VJ-2-25/12
• Wastewater System, Gutling / LED Italia TC 60,000
• Cold Water Systems
• Chiller Grasso FX PP 2X350 Duo
• Heat Exchangers
• Cooling Towers
• Fan Coolers
• (4) Nitrogen Compressors, VPT 55-14 RS C
• Bauer GIB15.3 Nitrogen Compressor w/Storage Battery
• Hydrogen Diaphragm Compressor, MKZ 630-10/280-40 Hofer
• Thermal gas Disposal Flare System
• 3-Stage Steam Turbine Generator
• Tank Farm: (5) Storage Tanks w/100 Cubic Meters, 500 m
• 3 Flat Bottom Tank

Choren’s Beta Gasification Technology was used in sustanableCO2 neutral fuel production from organic feedstock.  Decomissioned in 2011 the plant and equipment, much of which is less than 2 years old, was never installed and is brand new, and will be liquidated and sold at a deep discount.

Some Equipment Never Installed – Huge Quantity of Newer Equipment

For additional information call Burdette Wilber 314-616-8422 or Eric J Spirtas 314-780-3742

www.niagaraworldwide.com 

BORALEX/SHERMAN – LOCATION – STACYVILLE, MAINE USA

Niagara Worldwide is headquartered in Niagara, Wisconsin
and with the executive offices located in St Louis (Creve
Coeur), Missouri and Manalapan, New Jersey, Niagara
Worldwide is a nationally recognized, innovative firm.

NIAGARA DEVELOPMENT COMMITS TO A 2012 FACE LIFT

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January 16, 2012 – NIAGARA WISCONSIN (For Immediate Release)

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NIAGARA DEVELOPMENT COMMITS TO A 2012 FACE LIFT 

 

Niagara Development is quickly approaching its February 11th one year anniversary as owner of the former NewPage Paper Mill in Niagara Wisconsin and operator of the 1,300 acre property conversion that straddles the Menominee River in both Dickinson and Marinette Counties.

After exhaustive research and on site review from industry experts and business redevelopment teams from around the region, it has become clear that many of the “purpose built” structures on the site were not an advantage to new comers, but as stated by most suitors, a deterrent to utilization and restoration.  “NIAGARA has engaged real estate and construction professionals alike to walk the vacant buildings that were used for the manufacturing of ‘Paper’, ‘Pulp’ and ‘Power’ in order to outline options that fit the areas reuse plan.  Every response focused on the difficulty of conversion to standard industrial use,” says President of NIAGARA Development, Eric J Spirtas.  “Every professional sees the immediate value in the; Shipping, Coating and Warehouse buildings, but highlights a ‘disconnect’ when considering the reuse of the remaining large multi-story industrial buildings.”

Recently a National firm contacted NIAGARA Development, offering to buy all of the structures and associated equipment at the facility to “Demolish and Scrape” the entire site, creating a cleared brownfield parcel.  This proposal did not fit NIAGARA Development’s desire or intent.  Instead NIAGARA Development took this opportunity to strategically plan the retention of the most marketable buildings, while accepting parts of the original proposition, which will result in the removal of the un-usable buildings.  This work will start immediately and will open up the remainder of the site for re-purposing of any type.  “Removing the unsuitable buildings will provide NIAGARA with a unique opportunity to market available space to any type of company and then specifically design buildings and usage patterns that fit the needs of today’s buyer,” says Spirtas.

The company removing the unusable structures will also spend a significant amount of money getting the railroad back in full operation giving NIAGARA Development a distinct advantage in marketing the property to new businesses.  “Bringing in upgraded rail will be a benefit to the mill property’s long-term redevelopment plans providing greater value to the remaining buildings,” says Niagara Mayor, George Bousley.  “Rail will be rebuilt from Kimberly Road to the mill site.”

“The Niagara facility offers some exceptional opportunities in Northeast Wisconsin for manufacturing and warehousing/distribution,” according to Tom Scheuerman, CPA, and managing broker of Grubb & Ellis|Pfefferle in Appleton, WI.  “From our vantage point, the repositioning and reuse of a former manufacturing facility like in Niagara offers great advantages for both companies looking for affordable space with excellent attributes and local communities with outstanding ready work forces.  In order to attract new business into an area, we have seen that facilities like Niagara are critical to that process because they are on-line and ready for occupancy.  This facility offers some exceptional manufacturing space, low-cost power, waste water treatment, expansion capability, rail service and hundreds of acres of land that can be very attractive to new businesses.”

Spirtas continues to show his commitment to the local area by setting up his corporate headquarters known as NIAGARA Worldwide at the Mill.  He will be using the former Clubhouse building as his main offices.  Extensive renovations are underway in that structure right now for occupancy in the next few weeks.  NIAGARA Worldwide specializes in services ranging from; Acquisitions, Consulting, Contracting, Development, Mining, Liquidation, and Trading.  Niagara Worldwide is NIAGARA Development’s first tenant setting up its operation in the notable Clubhouse building.

“The NewPage Niagara Mill redevelopment team named the Upper Menominee River Area Alliance (UMRAA), including New North, Inc., continues to focus on repurposing the mill site,” said Jerry Murphy, Executive Director of New North, Inc., the economic development organization of the 18-county region of Northeast Wisconsin, known as the New North region.   “The Redevelopment team looks forward to continuing to work with NIAGARA Worldwide to market the existing mill site for future use.”

“The current ownership of Niagara is optimizing the site and removing old buildings that are functionally obsolete and a deterrent to future use and development.  This will enhance the site and allow for expansion capability around the structures that are usable for manufacturing and warehousing.  This approach of preparing sites and redevelopment of the facilities offers the greatest opportunity to attract new business.  We have seen this formula work successfully in other communities,” says Scheuerman.

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For more information about; NIAGARA Development or NIAGARA Worldwide, contact Eric J Spirtas – 314.780.3742 or by email at eric.spirtas@niagaraworldwide.com or through the company web site – www.niagaraworldwide.com.

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ADDITIONAL “CLUB HOUSE” HISTORY AND INFORMATION:

The first Club House was built in the year 1907 with the formal opening early in 1908.  The original building included a soda fountain, a small ice cream parlor, poolroom, shower and locker rooms, bowling alleys, and the gymnasium, which served alternately as gymnasium and theater.  A second floor housed the library, a dining room and kitchen, and rooms rented by the Masonic Lodge.  The Club House was rebuilt in 1926, with only the gymnasium of the original building remaining.  The bowling alleys were moved to the west side of the building, the ice cream parlor was enlarged as was the soda fountain, and the large lobby was constructed and furnished.  In addition, the second floor at that time had a modern kitchen, dining room: a Women’s Club Room, and lodge Rooms.

The Papermill Workers’Unionmaintains an office there.  The Skating Club used the Club facilities for planning their Annual Ice Review.  The second floor housed the Village Offices, and there was a Village Board Room.  The Post Office was located in the northeast corner of the first floor, and the Girls Scouts maintain a room on the second floor for their meetings.  The Niagara Community Club remained a truly “community” affair, for few activities of theNiagaravillage came into being without the Club playing some part.

1512 Washington – Manitowoc Wisconsin 54220 – NIAGARA Worldwide will work with EJ Spirtas Manitowoc LLC and Manitowoc Development Patners LLC to Re-New this City Block

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What do we do with this “Historic City Block”?

First Thought… Redevelop…?

Second Thought… Wreck…?

Anyone?  Anyone?

Manitowoc /1512WashingtonSt.jpg

CLICK HERE (“OR”) ON THE PICTURE TO ACCESS THE LOOPNET LISTING

Attachments

 
Historic Mirro Building
Developed By: EJ Spirtas Manitowoc, LLC
5 Building Complex
7 Story High Rise – 500,000 Sq Ft
6 Story High Rise – 400,000 Sq Ft
3 Story – 250,000 Sq Ft
5 Story Connector – 150,000 Sq Ft
3 Story Connector – 125,000 Sq Ft
6 Acre Property

Historic Downtown Development Opportunity

Take your business to 1512 Washington Street, Manitowoc, Wisconsin.

Building Description

The historic Mirro plant has more than 1,000,000 square feet of space on a 7.49 acre redevelopment site that is located on the edge of Historic Downtown Manitowoc.

Within walking distance of downtown amenities such as the Capitol Civic Centre, the Wisconsin Maritime Museum, Rahr West Art Museum, Manitowoc Riverwalk, Manitowoc Marina, Manitowoc Yacht Club, Mariners Trail, Lake Michigan, Library, Farmers Market, SS Badger Lake Michigan Car Ferry and dozens of shops and restaurants, this is a development opportunity that is immediately available.

Building Information  Utilities
Address: 1512 Washington Manitowoc, WI
Electricity supplier:  MPU
Total sq ft available:  1,408,520
Gas supplier:  WPS
Number of stories: 7
Municipal water:  Yes
Ceiling heights: 8’5″ to 12’7″ 
Water source:  Lake Michigan 
Site size (ac):  7.49
Peak capacity at water plant:  11 mgd 
Topography: Flat
Peak capacity at sewerage plant:  15.5 mgd 
Setting: Downtown    
Zoning: Industrial Telecommunications  
Former Use:  Mirro Fiber
Optics:  Yes
Digital switching:  Yes
Transportation Nearest major highway:  US Hwy 151/10 Incentives  
Distance to nearest highway: Adjacent Development Zone Tax Credits   
Number of lanes: 2 Industrial Revenue Bonds  
Nearest interstate:  I-43 Revolving Loan Fund   
Distance to nearest interstate:  4 miles  TIF  
Number of lanes:  4 Technology Zone Tax Credits   
Nearest commercial airport:  Austin Straubel
Distance to nearest airport:  40 miles     
Rail service:  No    
Nearest port facility:  1 mile


Terms
Leasing Rate:  Negotiable
Lease Type:  Negotiable
Sale Price:  Negotiable
 
Building Contact 
Name: Eric J. Spirtas 
Phone: (314) 432-7733
 
Community Contact 
Name: Dave Less 
Title: City Planner 
Organization: City of Manitowoc 
Address: 900 Quay St 
City: Manitowoc 
State: WI
ZIP: 54220
Phone: (920) 686-6930
Fax: (920) 686-6939
Email: dless@manitowoc.org
Web: www.manitowoc.org

Large Press and Machine Shop Liquidation – Creating value from dormant assets! Closing Friday – July 8th

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Niagara Worldwide – Helps Another Client

The Next Ongoing Events

TIMED EVENT – ENDS JULY 8

ONLINE AUCTION:
Steel Parts Manufacturing
Tipton, Indiana

Download The Auction Postcard (PDF) View Auction Brochure Flip Book
Download the Steel Parts Lotbook (PDF) Download Rigger List (PDF)

For most small business owners, the thought of liquidation is appalling and grotesque.  The media depicts its general ideas associated with liquidating into your brain:  Front pages of newspapers read bankruptcy, tickers scroll the bottom of your televisions with exponentially increasing debt figures, and small businesses stick up gaudy neon-colored ‘STORE CLOSING SALE’ signs that scream urgency.  With the economy in its current state, it’s not difficult to fall victim of all the hype [and scare].  Yet, the media fails to acknowledge the rest of the liquidation business; the beneficial business strategy of liquidation: converting your obsolete, overstock, salvage, returns, and excess inventory into immediate, upfront, and useable cash.

There are two major forms of liquidation: compulsory and voluntary.  When you hear of liquidation in the media, it is compulsory liquidation, which is when you are forced to liquidate by law.  Compulsory liquidation is the last resort for a business.  It involves selling off every aspect of the business, from their inventory all the way up to their debts.  When a company is compulsory liquidating, they are closing their doors for good.  The latter form, voluntary liquidation, is the unspoken strategy that is used frequently within all Fortune 500 businesses.

Call NIAGARA Worldwide today to see how we can support the re-sale and re-purposing of your industrial assets. 

Eric J. Spirtas – President
NIAGARA Worldwide
715-251-3151 Main Office Telephone

www.niagaraworldwide.com  
eric.spirtas@niagaraworldwide.com

Bearings Liquidation a COMPLETE Success! NIAGARA Worldwide shows how assets can be converted to Dollars!

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Adding Value to Still-Valuable Assets
 
NIAGARA Worldwide agrees with the Investment Recovery Association in its assessment that “Investment Recovery (often referred to by practitioners as “IR”) is the practice of recovering the highest value of assets no longer needed by a company. The IR process begins by identifying idle assets within the organization then reusing or disposing of the surplus; recouping substantial value in the process”.
 
Think of it this way: Every large organization purchases assets-from office buildings and manufacturing facilities to the equipment and machinery required for operation. Over time, those assets wear out or are no longer needed where they were originally put into service. That’s where investment recovery adds exceptional value.
 
Closing 3 On-Line Liquidations today
Proves again that NIAGARA Worldwide  is a leading Asset Recovery specialist
 
In fact, professionally-run IR Departments return over a 30X bottom-line net profit for every dollar invested in investment recovery operations, making it among the most productive departments in any organization!
 
As experts in surplus asset management, IR professionals employ a unique process to find and identify surplus assets no longer being fully utilized by their organization, then go through distinct steps designed to recoup the highest-possible value from those assets. IR practitioners save their companies-primarily Fortune 1,000 businesses-hundreds of millions of dollars each year.
 
Contact me anytime for a free estimate, consultation or simply to review the prospect of selling your entire asset bank as a bonified liquidation – redevelopment.
 
Eric J. Spirtas – 314.780.3742 – eric.spirtas@niagaraworldwide.com

Niagara mill purchased, now what? Aaron Martin of TV6 Explores

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Great article with a wide spectrum of information.

The Niagara Paper Mill was purchased by Niagara Development LLC, who plans to use the mill to attract national business to the area

VIA Niagara mill purchased, now what? THIS LINK TAKES YOU TO VIDEO

The former Niagara Paper Mill is under new ownership and looking to bring in business Read more: Local, Economy, Business, Niagara Paper Mill, Niagara Mill Sold, Niagara Development LLC, Niagara, Paper Mill Sold, Paper Mill Purchase

Photo

NIAGARA, WI — UPDATE 5:45 p.m.

We know one thing for sure about the former Niagara Paper Mill…it won’t be a paper mill anymore.

The newly formed Niagara Development LLC officially bought the mill from NewPage last week and is planning on using the property and its assets to attract national companies.

“I’m contacted everyday by a new venture or a representative of ventures that are interested in talking,” said Niagara Development President Eric Spirtas.

Spirtas said power and green energy companies are being targeted, given the equipment and assets available on site.

For Niagara Mayor George Bousley, this is a step in the right direction for the area.

“We’re a community of many small communities, so I guess the thing is I’ve watched this economy grow locally,” said Mayor Bousley.  “Now if we can bring this part back to the local economy, it means that it’s something you can pass onto the next generation.”

While Niagara is still feeling the effects of the mill closing back in 2008, the town’s resilient attitude has Spirtas confident about the future.

“They have the heart and desire to rebuild,” he said.  “Not every town has that, but Niagara does have that.  So we look at it as a great hotbed of development.”

Niagara Development is a private company started by Spirtas and another partner for the purpose of developing the site and bringing businesses to the area.  The company’s headquarters will be in Niagara, however, the partners have no ties to the area.

Also, no information is being released about the finances of the deal between Niagara Development and NewPage.

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An official announcement was made on Tuesday about the Niagara Paper Mill being purchased by Niagara Development LLC.  What happens now that the mill has been purchased?

Eric Spirtas, Niagara Development’s president, said that the mill will be used to attract national businesses.  The paper mill and land will be sold, in portions, to different companies.

Niagara City Mayor George Bousley said that it will take three to five years for the full impact of the Niagara mill purchase to be felt by the community.