COLEBROOK — Tillotson Resources LLC has purchased a large industrial building on Gould Street and plans to lease part of it to other manufacturers and operate part of the former Healthco International latex business.
The building, referred to as Colebrook’s largest building, at 103,000 square feet, was acquired by Tillotson Resources manager Rick Tillotson, the company said in a news release. Terms of the purchase from former owner Rex Jacobsma of Paso Robles, Calif., were not disclosed.
The 14-acre Gould Street site was the scene of a deadly explosion in 2010 that killed two workers at Millennium Designed Muzzleloaders and led to manslaughter and negligent homicide charges against the owner of the plant.
“It was a sad day when a May 2010 explosion in the now-removed portion of the building took the lives of two of our community members and injured a third,” Tillotson said in a news release. “My heart goes out to their families.”
Tillotson said he plans to work with economic development officials and the Town of Colebrook “to enable this property to once again be a place of safe and rewarding employment for our community members and a source of growth for our community.”
The building contains salvaged production equipment from the former Healthco International operation in Dixville where Rick Tillotson and his brother, Tom, manufactured latex and nitrile gloves and latex balloons, the company said. The Dixville factory was originally established as Tillotson Rubber Co. by Neil Tillotson in the former Balsams Grand Resort garage shortly after he bought the hotel in 1954.
Healthco leased the building and equipment in 2004 and continued to fill customer orders through December 2010, Tillotson Resources said. Under an agreement with Tillotson Corp., and later with Balsams View LLC, the removal of the latex-dipping equipment from the Dixville factory is now being completed, Tillotson said in the news release.
Tillotson said he formed Tillotson Resources in March to purchase the property and set up and operate the latex equipment purchased from Healthco.
The company said it met last week with the Colebrook Development Corp. to inform economic development officials of Tillotson’s plans to lease approximately 70,000 square feet to prospective tenants. Previous plans to lease space to plastics manufacturer and recycler Plastimo Inc. fell apart in 2011.
Tillotson also asked the CDC to re-activate the Foreign Trade Zone and to include the Gould Street property in District Energy Planning for Colebrook and its industrial park.