TIPTON, IN-Abound Solar, a maker of photovoltaic solar modules,has leased a 781,750-square-foot industrial facility here. Thecompany will spend about $300 million to create a new manufacturingplant for the modules, and plans to bring more than 1,000 full-timejobs to the 106-acre site.
A trust of contractors has held the building since thebankruptcy last year of its former owner, Getrag TransmissionManufacturing LLC. Patrick Lindley with Cassidy Turley representedthe trust in the sale of the property. The property was neveroccupied, Lindley said.
A Boulder, CO-based real estate firm, WW Reynolds Cos., haspurchased the property. The company also owns Abound’s facility inLongmont, CO.
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