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Expanding SNE Agrees to New Lease with HMDA
By Art Harvath,
HNN Correspondent
The Huntington Municipal Development Authority held a special call meeting
Wednesday and approved a resolution amendment that will eventually sell
the building and property currently occupied by SNE Enterprises to SNE.
SNE is located in the Huntington Industrial Center, formally the Owens-Illinois
plant. SNE was the first tenant to locate at the Industrial Center, and
currently employs 226 people. Under the new lease amendment SNE must create
an additional 50 jobs.
The company now occupies 300,000 square feet and will expand to 400,000
under the new agreement.
“At the end of a 78 month period SNE will exercise an option to purchase
the facility for $550,000,” said Huntington Area Development Council
director Gerry McDonald. “Over the term of that 78 month period they
will pay $3,246,000.”
“We are excited about our relationship with Huntington and are very
proud of our Crestline Brand of windows,” said SNE Human Relations
Director Debra Selbe.
Selby also said that the total new jobs may number up to 100. SNE will
hold a job fair June 29 at the Cabell County Library.
