CHARLOTTE, NC-Polygal Inc., a subsidiary of Israel-based Polygal Plastics Industries, has signed a five-year lease for a 101,000-square-foot industrial building at Chemway Industrial Park here.
The firm will use the space for its Charlotte-based sales and distribution subsidiary, according to the Charlotte Business Journal. The deal also involves an option to extend the lease for two separate five-year terms as well as an option to buy the building that is owned by an affiliate of Carlson Real Estate Co.
The company expects to launch its light manufacturing operations at the building in the first or second quarter of 2014. See story in the Charlotte Business Journal.
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