7/21/2016 – Sattler Corp. planning expansion in Hudson

Posted on: July 21st, 2016 by admin

–PARTEND–

July 21, 2016

–PARTEND–

The long-awaited expansion of Sattler Corp. will now be able to become a reality thanks to a deal involving two nearby fields.

 

The expansion at Sattler’s plant at the corner of Main Street and Mount Herman Road in Hudson had been put on hold due to the company’s inability to acquire suitable adjacent property.

 

But now adjacent property has been made available by the Town of Hudson, which received state and federal permission to sell about 2.36 acres of Redwood Park after the Hudson Optimist Club donated another 8-acre parcel to be added to the park. Permission was needed because grant money had been used to develop the park.

 

A property of equal or greater value was required by the state in order to be able to remove the restriction to the land in the park.

 

David Rivers, the vice president of manufacturing for Sattler, said the 2.36-acre parcel, with an assessed value of $63,140 , will be purchased by Outdura Real Estate LLC, a division of Sattler.

 

The land once was a baseball field but has not been used for that purpose over the past 10 years, Hudson Town Manager Rebecca Bentley said.

 

It is not yet determined what kind of expansion will take place on the land, Rivers said, bu the plant’s employment could grow by 30 percent over three to five years, depending on what equipment is purchased and which segment of the markets require investment. Sattler currently has 86 employees in Hudson.

 

“It was beneficial and important to both parties,” Rivers said of keeping Sattler in Hudson instead of moving to a different location to allow for expansion.

 

The plant, which first opened in 1904, is the longest continuously operating textile plant in Caldwell County and on of the longest operating in the state. Sattler Corp., and Austrian textile manufacturer, bought the former Shuford Mills plant in 2011 and in 2012 made Hudson Sattler’s North American headquarters.

 

Part of the land donated by the Hudson Optimist Club is used as a baseball field. The clubhouse and parking lot would still belong to the club, and the Optimists will have priority use of the donated land, Bentley said.

 

“Everybody wins in this situation,” she said.

 

Bentley said the closing date for the sale has not been set but is estimated for September.

 

By Briana Adhikusuma, (Lenoir) News-Topic

 

 

©2011-2014 Economic Development Commission of Caldwell County • Site Mapinfo@caldwelledc.orgWebsite by Market Force