Foundry – Manufacturing

Columbus Castings

  • 1,800,000 square feet
  • Approximaely 72 acres

Phase One

Acquisition

Reich Brothers purchased Columbus Castings out of Chapter 11 bankruptcy. Assets included the intellectual property, machinery and equipment, as well as the real estate.

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Phase Two

Execution

Reich Brothers sold the Intellectual Property and ran a six month onsite and online liquidation of the machinery and equipment

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Phase Three

Remediation and Demolition

Once all assets were monetized and removed from the site, Reich Brothers began the demolition of the 1,800,000 square feet of building and structures.

Simultaneously, Reich Brothers executed on a pre approved plan with the Ohio EPA to remediate the environmental contaminants at the 70 acre site. The multi million dollar remediation will lead to an NFA from the Ohio EPA and position the site for new construction and employers.

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Timeline

Sept 2016

Acquisition

Oct 2016

Liquidation and public auctions commence  thru January 2017

March 2017

Machinery and Equipment
Removed

Nov 2017

Remediation and demolition
projects begin

Feb 2019

Demolition Completed

June 2019

Environmental remediation
completion expected

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Expectations

New Construction

Projected shovel in the ground for development expected in the Fall 2019

Case Studies

Ready for construction

Former Columbus Castings Facility

2211 Parsons Av, Columbus Ohio

Renewed Purpose

Former Oscar Mayer Headquarters

910 Mayer Av, Madison Wisconsin

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Let’s Build Something

contact@reichbrothers.com
15 Reservoir Road, White Plains, NY 10603
+ 1 914-614-1800

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