Richmond prepares old Dana Corp. foundry for sale

RICHMOND, Ind. (AP) — A former foundry that once was Wayne County’s largest employer could hit the market this summer.

The county acquired the 44-acre property on Richmond’s northwest side after Dana declared bankruptcy and stopped paying property taxes. It went unsold through a county tax sale in October 2008, and the city took over ownership in 2009 at the request of the Indiana Department of Environmental Management.

IDEM officials agreed to pay for testing and cleanup of the site. That process is about three weeks from completion.

City Metropolitan development Director Tony Foster tells the Palladium-Item the cleanup has gone faster than expected.

He says proceeds from the sale will be split between the city and county to cover the $28,000 in unpaid taxes that Dana Corp. owes. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others and keep the conversation on topic and civil. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s