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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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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.

September 15th, 2011 – 2:30pm (CST) – Valuable Property Auction handled by NIAGARA Worldwide – 500 North Pine Street, Iron Mountain Michigan 49801

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Great opportunity on an IRON MOUNTAIN Michigan

Industrial Property

Come and Join us to participate or just come and watch.

Highlights

  • MAIN Building – 17, 500 Sq Ft
  • OFFICE Space – 2,400 Sq Ft
  • LUNCH Room – 400 Sq Ft
  • FIVE – 5 Ton Hoists on 10 Ton Bridges
  • Block and Metal Construction
  • Electrical, Heating, and Gas Updated in 1995

Description

(“2”) Former Metal fabrication Shops (IRON MOUNTAIN and WHITE PINE MICHIGAN), are up for AUCTION / LIQUIDATION.

For a flyer of available property, click on the picture below.

or our main site – http://www.niagara worldwide.com.

The building,
complete with; electric, water, and sewer systems will also be liquidated
(“September 15th 2011”). Buildings are ready for occupancy with cranes and
utility distribution.

Contact me today to discuss complete purchase of Land and BUSINESS, all in place and ready to operate.

Iron Mountain
Michigan is the gateway to the Upper Peninsula of Michigan from Wisconsin, Illinois, and Indiana. It is 2 hours from Green Bay, 3 1/2 hours from Milwaukee, and 5 hours from Chicago.

Iron Mountain is one of the largest cities in the Upper Peninsula and offers everything from lush forests, miles of rivers and streams, four seasons of outdoor recreation, and abundant wildlife, art, and music festivals, museums, Pine Mountain Ski Jump, famous sport competitions, along with unique shopping and dining opportunities.

CLICK ON PICTURE FOR FULL BROCHURE AND FLYER

Contact me today with Questions!

Eric J. Spirtas – Niagara Worldwide LLC – 1101 Mill Street, Niagara Wisconsin, 54151
314.780.3742 Direct – 866.735.9925 Fax
eric.spirtas@niagaraworldwide.comwww.niagaraworldwide.com

NIAGARA Worldwide works with HYPERams to Liquidate Lafayette Louisiana Facility

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ANOTHER NIAGARAworldwide liquidation that proves the theory of association.

Strong Networking, Direct Marketing and a Team of Experienced Sales People allow for another NIAGARA Worldwide liquidation.

Burdette Wilber through GW Associates and NIAGARA Worldwide is working in conjunction with Thomas Pabst, a truly experienced professional in the liquidation, asset recovery business, to maximize results for another satisfied customer.

Information about Thomas Pabst’s:

An innovative, results oriented operational and financial leader with a consistent history of increasing productivity and profit. Excellent investigative, analytical, planning and team building skills. Proven ability to identify profit opportunities and drive their achievement.

Ongoing Events

TIMED EVENT – ENDS JUNE 30

ONLINE AUCTION: Generator, Marine Equip, Trucks, and More

Lafayette, LA

Download Auction Postcard (PDF) Download the Gulf Fleet Lotbook (PDF)

Special operations of HYPERams

  • Deal structuring and contract negotiation.
  • Asset disposition for maximum return.
  • Team building and recruiting top quality team members.

Thomas Pabst’s Experience

President – HYPERams, LLC

Investment Management industry
November 2010Present (8 months)
HYPERAMS is an entity that invests in asset disposition transactions and other related distressed investment opportunities. Asset classes range from inventory to loan portfolios, and we can sell such assets through a variety of methods. HYPERAMS will concentrate its business on principle positions of any size.

Motor Liquidation – Amazing Prices – Closing Friday June 24th, 2011

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In our effort to redevelop and recycle, NIAGARA Worldwide LLC, buys, liquidates and repurposes former industrial facilities globally. 

Contact us today for more information – Eric. J. Spritas eric.spirtas@niagaraworldwide.com – 314.780.3742

 

Announcing another Quality Timed Auction from

NIAGARAWorldwide

 

Former New Page Papermill
Naigara, Wisconsin

Street Address:
1101 Mill Street
Niagara, WI 54151

See in Google Maps

 

Electric motor inventory: (Samples below)

MARATHON 2 HP, 1800RPM, 145T Frame, 460 Volts

BALDOR 3 HP, 1200RPM, 215C Frame, 480 Volts

GE 60 HP, 1800RPM, 364TS Frame, 230/460 Volts

RELIANCE 500 HP, 1200RPM, 5810S Frame, 4160 Volts

GENERAL ELECTRIC 30 HP, 1200RPM, 405P Frame, 480 Volts

GENERAL ELECTRIC 100 HP, 1800RPM, 444VP20 Frame, 480 Volts

 
Click Here
to Download Brochure
with Photos
Click Here to
Download List
Click Here
to Bid Online

When:
ONGOING NOW!

Where:
Naigara, WI

Email Our Liquidation Manager:
For more information

CONTACT:
Burdette Wilber at: 314-616-8422 / burdette.wilber@niagaraworldwide.com
Eric J. Spirtas at: 314-780-3742 / eric.spirtas@niagaraworldwide.com

Visit us on Facebook Follow us on LinkedIn Watch us on YouTube

 

Liquidation for top line: Bearings, Pneumatics and Hydraulics

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Get registered today!

Announcing another Quality Timed Auction from

NIAGARAWorldwide

 

Former New Page Papermill
Naigara, Wisconsin

Street Address:
1101 Mill Street
Niagara, WI 54151

See in Google Maps

 

Bearings, Pneumatics and Hydraulics: (Samples below)

NUMATICS AIR VALVE MODEL (REPLACES 554SA400K000030

NUMATICS AIR VALVE MODEL 33DSA43AK000030

PARKER HYDRAULIC DRIVE PVP4830R2M11

VALMET HYD CYLINDER MODEL 2300S3/80 100-50-100-7 MVP-45

(1) SKF 2232 CCK/W33, (1) SKF SNW 32X 5 7/16, (2) SKE 31311 J2/Q, (1) SKF SAF 532, (1) SKF SDAF 532, (1) FAFNIR 9114PP, (2) FAFNIR 9105PP, (2) MRC 211MFF 0009, (2) FAG G208 2RSR.C3, (1) FAG 23030 EAS 573184, (1) SKF HF322 SNW22X4, (1) SKF 513110, (1) SKF EXPLORER 60102RSJEM, (1) SKF 63006 2RSI, (2) SKF GEG 32 ES, (1) SKF 60ES-2RS, (1) SKF 22212 E/C3, (1) SKF NV2213ECP, (1) SKF 32216 J2, (1) SKF 32216 J2/Q, (2) SKF 2208E-2RS1TN9, (2) SKF NUTR 50110

(2) LINK BELT CB22423HFQC, STEEL MASTER SC- 27CXS 1 11/16″, (2) SEAL MASTER 3-215 2 15/16″ 700091, (4) REXROTH MNRR067805000, (5) TIMKEN 332872006-03-44, TIMKEN 332872006-02-44, TIMKEN 332872005-10-44, TIMKEN 332872005-12- 44, (3) TIMKEN 332872007-11-22, (2) TIMKEN 33462D-2006-01-22, TIMKEN 33462D-2006-02-22, TIMKEN 33462D-2006-03-22, (2) UNK-113043, MRC 5319H502, (2) NTN UCF205 100-D1, (2) NTN UCP210 115 D1-8, NTN CM-UCP211 203 D1, (2) FAG 29412E,SKF NU319ECJ, LINK BELT 532448-0, SKF 5YR3, LINK BELT LBPCB 22443H, LINK BELT CB22443H, (2) SKF 22319 CC/C3W33, (2) DODGE P2 130TRE-3 7/16″, DODGE P2 BD 1307R 3 7/16″

 
Click Here to
Download Bearings Brochure
Click Here to
Download Pneumatics Brochure
Click Here to
Download Hydraulics Brochure
  Click Here to Bid Now!  

When:
ONGOING NOW!

Where:
Naigara, WI

Email Our Liquidation Manager:
Burdette Wilber

Call Burdette at: 314-616-8422 / burdette.wilber@niagaraworldwide.com
Call Eric J. Spirtas at: 314-780-3742 / eric.spirtas@niagaraworldwide.com

 
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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.