Auction Enthusiasts? April 14th is Your Date to Expand!

(Image Courtesy of Pressofatlanticcity.com)
This place is up for sale!

A now defunct ceramics manufacturing plant is available in China for any ceramics manufacturers looking to expand in the near future - the auction starts on April 14th! An old Lenox China ceramics manufacturing facility that includes the land as well as the facility and is estimated at around $11 million according to a pressofatlanticcity.com article which also states that the minimum bid for the property is $2.75 million. So, if you have the dough in hand, now is the time to ask yourself, "Are we ready to expand internationally?" Here are some notes from the article:

Lenox China produced ceramics and its renowned china at the plant starting in 1953. The factory was shuttered about five years ago, shortly after Department 56, a Minnesota-based ceramics and collectibles company, bought Lenox.

The plant is a 416,000-square-foot brick warehouse that includes 44,000 square feet of office space. From the outside, there are signs of deterioration, including dislodged bricks from the front steps.

This natural wear and tear should prevent any American-based ceramics manufacturing companies from making a decision on whether or not to buy this excellent piece of property. The time to strike for expansion is now, and with the ceramics engineering field on an upswing in the 21st century, this seems like a no-brainer for those who have the capital and the desire to reach a new market.


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