The former Heidtman Steel in Cleveland’s industrial valley was acquired and then closed by Worthington Industries. It will gain new life with two industrial owners, each acquiring 50 percent of the property (Cresco). CLICK IMAGES TO ENLARGE THEM.
Worthington Industries plant gets new future
One year ago, Worthington Industries Inc. shut down its Samuel Coil Processing plant at 4600 Heidtman Parkway in Cleveland’s industrial valley. Today, Cushman & Wakefield-CRESCO announced that the plant has sold to two companies that are sharing the ownership equally.
Buying the 33-acre site and its 266,837-square-foot heavy industrial building and offices were 4600 Premier Holding LLC and 4600 Heidtman Parkway Holding LLC. Both identified an undivided 50 percent interest in the property in their recording of the transaction with Cuyahoga County on Feb. 3.
4600 Heidtman Parkway Holding is an affiliate of Reserve Management Group of Stow. It also has a corporate office in Chicago. The company will provide ferrous metals recycling, nonferrous metals recycling, and related services at the Heidtman site…