Newton Falls Industrial Building Sells for $4 Million
NEWTON FALLS — The buildings operated here by Bar Processing Corp., a processor of customer-owned steel bar stock to precise specifications, have been sold for more than $4 million.
The plant is located in Newton Township, and was sold this week by Bar Processing Real Estate LLC to Store Master Funding XXV LLC, which lists an address in Boyne City, Mich., but is registered in Delaware as an LLC.
According to the Ohio Secretary of State, Store Master lists CT Corporation System as the statutory agent.
Located on Newton Falls Portage Road Southwest, also known as Windham Road, the Bar Processing Corp. facility sits on 4.73 acres. The office building, storage warehouse and light industrial facility was built in 1977 and remodeled in 1995, according to information from the Trumbull County auditor.
The sale of $4,047,611 closed Aug. 11.
Bar Processing Corp. has corporate affiliations with Flat Rock Metal Inc., Steel Dimensions Inc. and Custom Coating Technologies.
Headquartered in Flat Rock, Mich., the company includes five manufacturing corporations in Michigan, Ohio and Illinois.
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