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Louisiana Looking For Headlamp Plant Buyer

Jay Garner, president of the national site-selecting firm Competitive Strategies Group of Atlanta, believes the land and location could draw more interest than the building itself.

MONROE, La. (AP) - State economic development officials are trying to find an occupant for a former headlamp plant idled months ago.

The plant, owned by GM, was formerly occupied by Guide Corp. and employed hundreds of workers. It's currently listed at $8.5 million.

The state is working with real estate broker CBRE. Chuck Finney, a listing broker for the company, said there are more manufacturing facilities available in the country now than a decade ago because of a move of manufacturing overseas. But, ''there are only two or three comparable facilities within a 200-mile radius,'' he said. ''We're testing the demand now.''

Jay Garner, president of the national site-selecting firm Competitive Strategies Group of Atlanta, said the facility's layout could limit potential buyers. He believes the land and location could draw more interest than the building itself.

But the idea behind the current push is to find a company interested in putting workers in the building.

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