Vandalia factory, former Encon home, is sold

Karin Gaiser, left, president and chief executive of Eco Groupe, describes plastic injection molds to Ohio Lt. Governor Mary Taylor in a plant tour in 2014. This week, the company’s former home on Ventor Avenue sold for $1 million. TY GREENLEES / STAFF

Karin Gaiser, left, president and chief executive of Eco Groupe, describes plastic injection molds to Ohio Lt. Governor Mary Taylor in a plant tour in 2014. This week, the company’s former home on Ventor Avenue sold for $1 million. TY GREENLEES / STAFF
Business
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Feb 2, 2018
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A Vandalia manufacturing site just sold for $1 million.

A 61,208-square-foot building at 6161 Ventor Ave. was sold by Gaiser Properties Inc. to MSW RE 1 Inc., Montgomery County property records show. The sale was recorded Monday.

A Loopnet listing describes the site as offering manufacturing, warehouse and office space, with five docks and three drive-in doors. It also has 75 parking spaces and is rail accessible, located just a mile from Interstate 75.

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Chuck McCosh, president and principal of Springboro-based OCRD, was the listing broker in the transaction.

The site once was home to Encon, which was founded in the early 1970s by William Gaiser and managed later by Karin Gaiser. The production operations of a related company, Eco-Groupe Inc., were sold in 2015.

Though a website for Encon still gives a 6161 Ventor address, it no longer has a working phone number.

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The building was built in the mid-1980s.

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Thomas Gnau is a business reporter who joined the Dayton Daily News in 2007. He has reported for daily newspapers in Ohio since 1991.