Redevelopment in the long vacant, 263,000 square foot manufacturing building South State Street, Pittsfield Township sold in March, after work. Industrial Realty Group LLC, a privately owned real estate development and investment company, to buy Japanese NSK Bearing company′s former ball bearing factory at 5400 S. State. Street, town, $ 2.2 million records show.

     With sales, with five auto-related companies, including those based in Ann Arbor, Extang, signed a lease for the 163,000 square feet, and plans to jointly redevelop the property, its new owner.

     "I think it′s good, I can put an old, large buildings, and rehabilitation, and make it a great property. THI, truck parts manufacturers Extang, TruXedo undercover, advantages and BedRug of a holding company, CEO William reminder said, "This is a very good, I live in the community reinvestment.

     At the factory 5400 S. State Street, was founded in 1959, and in 1997 through the acquisition of Hoover ball bearings, NSK Corporation took over the property. The factory production of automobile size bearings, such as fan clutch bearings, automobile manufacturing, industrial manufacturers and the automotive aftermarket.

     In 2005, NSK bearing company announced that it will begin a phased closure of ball bearing factory, August 2007 completely vacated the building.

     Pittsfield Township covers an area of ​​34 acres of the property has a 2013 assessed value of $ 1,997,400. Building is listed for sale a signature and signature Greg Hudas Jay Chavey with representatives of new tenants.

     Reminder - in the past five years has acquired truck accessories manufacturing company - he THI business entities, Extang and advantages of auto parts brand plans to build South State Street. Currently Extang offices are located 1901 E. Ellsworth, the company pick up truck bed covers. Remind advantage recently relocated from Indiana to Ann Arbor, moving with the company′s 65 employees.

     "(5400 S. State) is not a highly functioning, for most enterprises to build," warned. "But building has great bones - it just needs a little TLC".

     The move will bring the two manufacturing companies under one roof, about 300 employees will work there. Warned that he expects the company will continue to hire.

     "Here we are a manufacturer, has been very successful," he said. "Even during the recession, we are skyrocketing."

     Extang, a national leader in the sale of truck bed covers, introduced its first hard tonneau (truck bed cover) in 2007, the second in early 2009 designs. Despite the economic downturn, the company reported strong sales activity. Warned that space is limited in the current Extang′s office, the number of employees has enough parking spaces.

     "We′re packed in here," he said.

     Before the renovation Japan NSK Bearings enterprise construction in progress, including it′s code, modern and clean, improve the landscaping. Reminded that he want to move in this fall.

     "We really would make that property look beautiful in this way," he said.

     The remaining 100,000 square feet of buildings will be classified as leasing, to remind the management of the property, he said.