This article tells some new facts about the illusive plans of Mr. Athans.
Athans said he would also like to move the Elkhorn, Wis., plant to the facility as well.
Woodward will be leasing some of the building back for a period of time, but he declined to comment on the amount of money Chemtool is offering Woodward.
The location, which is on the corner of Illinois Hwy. 2 and Rockton Road, is also conveniently located a mile away from Chemtool’s plant at the former Beloit Corporation at 1165 Prairie Hill Road. Chemtool bought … [that] building in January of 2008. About 50 people now work there.
Athans plans to move Chemtool’s corporate headquarters in Crystal Lake to Rockton as soon as possible after the deal is closed. He expects 50 employees to move initially and then the remainder of the 500 employees should be relocated to Rockton within a year or a year and a half.
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