By 1812Blockhouse

Real estate website REJournal shared earlier this week that Fort Worth, Texas-based MAG Capital Partners, LLC, has purchased the former Nanogate North America manufacturing complex located at 150 E. Longview Ave. in Mansfield.

The purchase involved a sale/leaseback transaction, allowing the company, recently purchased by Techniplas, to maintain operations there. The complex produces design-oriented, multifunctional components for many industries, including mobility, aviation, home appliances, and medical, according to the REJournal story.

In describing Richland County, the article stated, “Richland County has been a center of industrial production and technical innovation for more than a century. It is home to one of America’s most productive electric furnace steel mills, as well as metal fabrication and plastic component production that supplies U.S. and foreign automakers.”

MAG Capital Partners, LLC is a commercial real estate firm with a concentration on industrial sale leaseback investment and development, particularly in the $5 million to $100 million range.

Send us your news — of an announcement, event,
club news, fundraiser – whatever! It’s easy to do online.

Become a 1812Blockhouse Newsroom Member and support independent media in Richland County. Details here.
You May Also Like

First Intel, Now Hyperion

By 1812Blockhouse, Press Release It didn’t take long for another major announcement…

Dispatch Looks At Impact Of New Distribution Center In Morrow County, Area

On Sunday, the Columbus Dispatch took a look at one aspect of…

Farm Bureau Seeks Summer Intern

Special to 1812Blockhouse The Ohio Farm Bureau may be looking for you.…

Is Amtrak On Its Way To Or Through Richland County?

By 1812Blockhouse It has been many, many decades since Richland County enjoyed…