Modula has purchased the former Dayton Daily News printing building along I-75 for nearly $13.2 million.
By Tom Demeropolis of the Cincinnati Business Courier
An Italian manufacturer has purchased the former Dayton Daily News printing building along Interstate 75 and plans to create 100 new jobs at the facility.
Modula Inc., a manufacturer of automated storage systems, purchased the building at 5000 Commerce Drive in Franklin from an affiliate of Capital Environmental Risk Transfer Alliance for nearly $13.2 million. There, Modular will open its second U.S. location to expand its manufacturing capacity and increase its access to customers across the country. The total investment in the property is expected to be $26.5 million.Read the full Cincinnati Business Courier article here.