Jan
04

Former Caterpillar Plant in Fountain Inn Sold

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sold_sign65An investors group has purchased a 203,000-square-foot industrial building in Fountain Inn that once housed a Caterpillar Inc. plant. Terms weren’t disclosed.

Southchase Investors 107 LLC purchased the building on about 26 acres at 107 Southchase Blvd., according to NAI Earle Furman’s Hunter Garrett, John Staunton and Tom Daniel, who represented the buyer.

The seller, Caterpillar, was represented by Charlie Whitmire of Cushman & Wakefield | Thalhimer. The property is located in Southchase Industrial Park off Interstate 385 in Greenville County.

Caterpillar said in April 2014 it would close its Fountain Inn plant and shift production of its marine and midrange engines to facilities in Georgia and Texas.

The move displaced an estimated 380 full-time employees and 130 temporary workers.

Categories : Greenville

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