Vacant industrial property in Klamath Falls gets new owner

Klamath Falls, Ore. – An industrial property in Klamath Falls that’s been closed for nearly 6 years will soon be back up and running.

Rick Abel of the Klamath County Economic Development Association (KCEDA) says the former Aqua Glass plant has been vacant since 2012. “We’ve been working with a company based out of Florida, American Garden Perlite, (AGP) and over the past few months, doing their due diligence, we can announce that they have purchased the building.”

The facility will be used to process perlite mined in Lake County.

“In your house, you might find it in 4 or 5 applications,” Abel noted. “From horticulture, so in your garden, to insulation, to any concrete application.”

The deal with American Garden Perlite was worked out through KCEDA and Klamath Falls realtor Allison York.

“I think the total investment will be in the $4 million range,” Abel estimated. “From purchase to also the equipment, and upgrading in the facility.” The facility is expected to hire at least 15 people. “We’re looking to the beginning of the year, is what we least heard, when they’ll be up and operational.”

The building is about 200,000 square feet.

Abel says AGP may rent out portions to other companies. “You could conceivably run 3 or 4 businesses out of this location.”

Economic development officials say they’re happy to have the building active again.

“We’re open for business in Klamath,” Abel said. “We’re always out looking, and talking to companies on a regular basis, recruiting them to Klamath Falls.”

The sale has rekindled efforts to improve and update a county inventory of vacant commercial and industrial properties.

 

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