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Work Begins at ICO Polymers New Site

ALLENTOWN, PA-The company is rehabbing the space it is leasing at Iron Run Industrial Park to accommodate its manufacturing processes.

By Erika Morphy | Updated on March 06, 2008

ALLENTOWN, PA-ICO Polymers North America has begun the rehab process necessary for it to move into its newly leased space at Iron Run Industrial Park, one of the first industrial parks in the Lehigh Valley. The Asbury, NJ-based inked more than 127,500 sf at 6355 Farm Bureau Rd. here last fall, Michael Zerbe of Colliers L&A tells GlobeSt.com.

The facility was sized and equipped to handle rotational molding processing, a key factor in the company’s decision. Still, though, the tenant needed to make several million dollars worth of renovations to fully accommodate its manufacturing needs. These renovations include raising a section of the roof, installing some plastic silos and bringing rail siding into the facility, which is owned by Jamble Enterprises. According to marketing materials by listing agent Summit Management & Realty on the web, the asking rate for the building at been $4.3 triple net. The building has a 22-foot ceiling height, 10 docks with levelers, and two drive-in doors.

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