Thu June 5, 2014
Nordex Plant in Jonesboro to be sold this week
The building that housed the former Nordex USA plant is scheduled to be sold this week. Attorneys for Nordex were at the Jonesboro City Council meeting Tuesday night and assured the council the sale of the building will close as early as today. KAIT TV reports the city agreed to terminate its lease agreement and Nordex agreed to pay off 50 million dollars-worth of state-backed bonds. Nordex is a wind turbine facility that was given the bonds by the city to help bring as many as 700 jobs to the plant. The company employed 50 people up until the time Nordex USA closed the Jonesboro plant. Jonesboro Mayor Harold Perrin says once the bonds are paid off, the building then becomes Nordex’s. There is word that a new company is interested in the building, but it is not known at this time who the new company would be or how many jobs could come to Jonesboro as a result of the company. The Greater Jonesboro Regional Chamber of Commerce is under a confidentiality agreement and is not allowed to discuss any company that might be looking at the building. The building is located in the Jonesboro Industrial Park off of CW Post Road and sits on almost 200 acres of land.