A Vermont nonprofit development group is poised to buy the 160,000-square-foot building that once housed one of the last of the big machine tool manufacturers in Springfield.
Springfield Regional Development Corp. Executive Director Bob Flint says the group has reached an agreement to buy the former Bryant Grinder Corp. plant for $250,000.
Once the deal has been finalized the group will own all three of the buildings that once housed Springfield's major machine tool manufacturing facilities. They once employed 4,000 people.
The Bryant building has been vacant for three years. Flint tells the Rutland Herald the building hasn't been heated for three years and much of the electrical system has been stripped.
Flint says the group wants to put the building back in use.