VERMILION, OH-American Stone Industries Inc., a subsidiary of American Stone Corp. has purchased the former Lithonia lighting plant here. The property has 172,000 sf in buildings on the 15-acre site at 850 West River Rd., which was vacated by Lithonia’s parent company Acuity Brands in 2005.

The producer and distributor of building stone plans to relocate all of its stone fabricating, storage and distribution from its current location in Amherst to set up headquarters here. Russ Ciphers, president and CEO of the company, tells that the property includes 5,000 sf of office space. The rest of the land will be used to store and distribute stone brought out from its active quarry in Florence Township, OH. Though he refused to divulge the purchase price for the Lithonia property, Ciphers says the company will spend $1 million on new equipment here.

Ciphers says the new plant and the new equipment will substantially improve production. “A major advantage is that we will now be able to operate year-round,” he says. “The company has always had to suspend operations in the unheated, 1930s-era Amherst facility during the coldest months of the year.”

He says the company hopes to move into the new building by September, to beat winter. The company is a subsidiary of Cleveland Quarries.

Ciphers says the firm is still looking for a buyer for its 969 acres, seven abandoned quarry pits that look like lakes in Lorain County. The company has officially terminated a deal from a company called Trans European Securities International LLP, which had announced various plans to buy the property for between $15 million and $24 million, and entice investors to help build a $1.2-billion leisure resort.

The grandiose plans would have featured the construction of a mixed-use development along State Route 113 with residential property, high-end retail, a hotel, a golf course and a year-round aquatic center with a retractable roof. However, American Stone ended the deal in March, saying Trans European took to long to buy the property. Ciphers did say the property is zoned for multifamily residential, with up to a 25-story building allowed, but says he will not comment on Trans European.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.