NEW HANOVER COUNTY, NC (WECT) – The Coty Plant went on the auction block in November and officially has a new owner.
Rocky Point Ventures, LLC owned by Topsail resident David Barnes purchased the plant.
Barnes said he will divide up the property into three or four different sections and then lease each part. His hope is to boost the economy by providing more jobs.
According to Barnes, each section will be leased to companies that offer employment opportunities.
The Coty Plant shut down in 2011, forcing hundreds of people to lose their jobs.
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