Potential land sale could lead to manufacturing plant for Quincy
The Port of Quincy has moved forward with a potential sale of land in northwest Quincy that could lead to a large manufacturing company building there.
The board of commissioners of the Port of Quincy held a special meeting on March 6 to take public comment about the proposed sale of a parcel known as the Ker Property along Road R NW, north of Amway.
All three commissioners were present for the hearing. No comments were made.
Then commissioners voted in favor of a resolution to sell the property. The parcel is called the Ker Property for the family that previously owned it. It consists of 59 gross acres, 52 of them useable, Commissioner Curt Morris said.
The sale is not definite yet – the potential buyer will now do its due diligence, Morris explained. The buyer has until July 31 to complete the purchase agreement, but there is an option to extend it.
Aokerola Group, a high-tech ceramics maker, is the potential buyer. The sale price is $2.9 million, with $50,000 earnest money down, Morris said.
The probable use of the property is for a new plant – and it could be fairly large. Aokerola sells worldwide, Morris said. For comparison, the property that the port is developing to become a new location for Raceway Technology, another manufacturer, is 9 acres.
The commissioners have been working on the Ker Property and sale for about a year, they said.
The potential buyer looked at various sites and then decided “they want to be here,” said Commissioner Patric Connelly.
“It’s exciting … everybody was vying for ’em,” Morris said.
The company has offices in Bellevue and a plant in China. On its website, www.aokerola.com, Aokerola Group describes itself this way as a leading fine ceramic manufacturer established in 1990. Holding five national enterprises and two overseas companies, Aokerola Group specializes in developing fine ceramics science & technology, production and trading. The main products are High quality High Temperature Ceramic Roller, Alumina Grinding ball, Wear-resistant Lining Brick and Special Industrial Ceramics, the website states.
Aokerola also says it produces more than 1 million tons of high-quality, high-tech products each year, products that include: kiln furnace supporting rollers, shafts, beams, and bricks with various operating temperatures up to 1,600 degrees Celsius.
By Dave Burgess, firstname.lastname@example.org