Shin-Etsu Silicones of America, Inc. Land Option

January 09, 2019

On Monday, City Council passed an ordinance authorizing the execution of an option agreement with Shin-Etsu Silicones of America, Inc. for the sale of 41.85 acres of city-owned land that is not needed for public use. The option price is $600,000 for the land and utilities and roads will need to be added to allow the property to be used as a manufacturing facility. Shin-Etsu plans to use this land to expand their manufacturing facility.