For the last several years, rumors have swirled about what will become of the former American Tourister building in Warren. A local company believes it has the answer.
, a local boating and real estate investment company, has entered a bid to acquire the former Warren Manufacturing Company mill, Bristol Marine President Andrew Tyska announced this week. The company would renovate the building to provide space for small, local businesses, according to a company press release.
"Our plan is to support small businesses, preserve existing jobs, and attract new exciting employment opportunities and workforce training facilities to the Warren waterfront," Tyska said in a release. "We will invest in the existing facility through much needed repair and improvements."
By working with existing tenants and attracting new companies by customizing space to fit their needs, Bristol Marine hopes to tranform the property on Bowen, Main and Water streets, along the Warren River, into part of "Warren's vision of a sustainable working waterfront," Tyska said, preserving and creating 400 jobs in Warren.
"We will work with existing tenants at the facility, making sure their occupied space is suitable for their operations, and preserve their contribution to the economy," said company Vice President Nick King. "We will make additional space available to new businesses and partner with them to customize their space specific for their needs. We have a proven philosophy ... Space on demand demands jobs."
The American Tourister/Samsonite mill is on the market after the owner, MMF Realty LLC, fell into receivership in June. A state receiver is handling the sale of the mill, which is appraised at about $7 million. The buildings encompass more than 500,000 square feet of space.
Providence Attorney Richard Land, of Winograd, Shine, Land and Finkle, is handling the mill's sale as receiver and is looking for interested buyers, asking potential owners to call his office at 401-273-8300 to schedule a appointment.