CONNERSVILLE, Ind. (AP) — Connersville Mayor Leonard Urban says the eastern Indiana city has accepted an approximately $4 million offer to sell a vacant Visteon auto parts plant to a buyer specializing in returning such sites to the tax rolls.
Urban said Wednesday he can’t reveal the name of the buyer until the deal closes, but the city will recover most of its more than $4 million in environmental cleanup costs.
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He says a Carbon Motors Corp. police car plant still proposed for the site would fill about a third of the space. Carbon’s Connersville prospects were thrown into doubt when it lost out on a $310 million federal loan in March.
Chairman and CEO William Santana Li said Carbon is trying to get private funding and still hopes to open a Connersville plant.
