Bloom Land Co. Buys Building in Golden Triangle
WARREN, Ohio – An industrial building in the Trumbull County’s “Golden Triangle” manufacturing sector has been sold to a local manufacturer for $1.3 million, according to records from the Trumbull County Auditor.
Bloom Land Co. LLC, which gives an address of 1052 Mahoning Ave. in Warren, purchased the 169,000 square-foot building at 1160 Paige Ave. on May 27 from R&S Lewkowitz LLC, records show.
Bloom Industries operates a part injection molding operation at 1052 Mahoning Ave., according to its website. But the phone number listed on the site is disconnected and the email address bounced back.
Bloom Land Co., was first incorporated in February 2003, according to public records. The agent of record is Ted E. Bloom.
The Paige Avenue land and building that Bloom acquired previously housed Champion Injection Molding, formerly a division of RSL. The building has been vacant since March 2021, the sale listing states. It is appraised at $557,800 for tax purposes.
RSL is an affiliate of Novatech and operates a production facility at 365 Victoria Road in Austintown.
The Golden Triangle manufacturing hub recently became the beneficiary of a $2.7 million grant from the U.S. Department of Commerce’s Economic Development Administration. The money is earmarked to fund infrastructure improvements in this part of Trumbull County, which includes Warren and portions of Howland Township.
Pictured: The vacant industrial building at 1160 Paige Ave. in Warren that was purchased May 27 by an affiliate of Bloom Industries.
Copyright 2022 The Business Journal, Youngstown, Ohio.