Maynards President talks Mitsubishi plant

Posted on May 10, 2016

By Terry James

NORMAL – The President of Maynards Industries of Detroit is talking about his company’s latest purchase – the Mitsubishi plant in Normal. However, the plant may be hard to sell.

Taso Safokitis says there are too many variables to know exactly what will happen to the former Mitsubishi Plant, but hopes they can find a strategic buyer. Safokitis tells WJBC’s Dan Swaney the 28 year old building is huge.

“It’s actually a relatively modern plant, it’s not an old plant,” said Safokitis. “The one drawback that is has is its sheer size, I mean two and a half million square feet. manufacturing today is much…..they don’t require that kind of space.”

Safokitis said if they do find a buyer, the public may not know until it’s a done deal. He said if there is an auction it will be advertised nationally. Maynards takes over June 1st when the final Mitsubishi employees walk off the job site.

Terry James can be reached at [email protected].

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