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The Industrial Development Authority approved selling 500 Stinson Drive to Overfinch North America Inc. for $985,109. The board also approved several site, construction, and property-improvement expenditures, including $52,700 for asbestos removal and demolition at 985 Lockett Drive.
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The property sale transfers 500 Stinson Drive to Overfinch North America Inc. for just under $1 million. The authority also authorized work to prepare other sites for future use, including asbestos removal, roadway restoration, engineering services, and improvements at Dan River Falls. The board specified that blinds for Dan River Falls commercial spaces, costing up to $113,924.81, should be purchased from a local vendor.
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