Joint Venture Signed and Land Purchased

Things are moving swiftly here in Barre, Vermont. Very important milestones were reached in the past two weeks for our new manufacturing facility construction project. After months of cooperative discussions, a joint venture agreement on owning the land and the building was signed between Lord & Lord and SBE Inc.
The following week, the joint venture bought the land. SBE Inc. also awarded the construction contract to E.F. Wall & Associates Inc., a Barre company led by Robert P. Lord Jr.
E. F. Wall has operated in Vermont and New Hampshire as a Construction Services firm since its founding in 1970, serving industrial, institutional and commercial clients. With staff of over 100 people, they have served as General Contractor/Construction Manager on numerous projects of a scope and scale similar to or larger than our new manufacturing facility. These include projects for industrial development corporations, publicly held and private manufacturing companies, colleges and universities, hospitals, elementary/high schools, military, state offices and other clients. The Northern Power Systems facility, a 110,000 feet building in the same industrial park (Wilson Industrial Park) was actually one of the projects E.F. Wall was responsible for in Central Vermont.
A tentative date of April 12th has been set for “ground breaking”.
Stay tuned: it will be an important event in Central Vermont!