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Tenant found for Evanston buildingTenant found for Evanston buildingTuesday, July 6, 2010 By Business Report staff EVANSTON — InsulTech LLC and InsulTech Wyoming possibly will begin moving their operations of development and manufacturing of insulation products into the former Everett Graphics building this summer. Everett Graphics was one of the first successes of the Business Ready Community grant program, moving operations to Evanston in 2006. But by November of 2008, the company ceased operations in Wyoming. As stipulated under the terms of its lease, Everett Graphics continued to keep up the building and pay the lease and property tax on the city-owned, 62,500-square-foot facility until a new lessor was found. While Everett Graphics is current on its lease, the company proposed assigning the lease to InsulTech, which would be responsible for rent payments, insuring the building and paying taxes. After a special City Council meeting on June 28, the real estate lease agreement between Everett Graphics and the City of Evanston was transferred to the new occupant, according to the Uinta County Herald. Out of Santa Ana, Calif., InsulTech is a thermal and acoustical insulation manufacturer. According to InsulTech President Chris Harano, he and founder Tom Bercaw began searching for a larger facility throughout the West. They learned about the empty building in Evanston and soon realized it would be ideal for their relocation and expansion plans. InsulTech was established in January 1994 by Bercaw and since has developed and manufactured of a wide range of insulation products, which are used in the oil and gas industry, renewable energy production, military applications, aerospace industry, as well as marine applications and power generation. |
