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Kamtek, a supplier to Mercedes-Benz U.S. International, purchased the facility in October 2012 and plans to eventually create up to 150 jobs at the facility, according to the Birmingham Business Alliance.
Why it matters
It represents a $196 million capital investment, new jobs and renewed life for the former Del Monte facility after Isuzu’s plans at the site stalled in the recession.
Notable Numbers
$6.1M – Amount Kamtek paid to purchase the distribution warehouse facility.
293K – Square footage of the property, which was formerly home to Del Monte.
148 – Number of new jobs the auto supplier expects to create at the facility.
Key Players
Broker: Jack Brown and Sonny Culp of Graham & Co.
Contractor: Wieland Davco
Tenant: Kamtek, a division of Magna International
[/fusion_builder_column][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][ Read article at bizjournals.com][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]