Investment company buys Graniteville Avondale mill

July 10, 2007

GRANITEVILLE, S.C.---California-based Tower Investments has purchased the 450,000 square foot former Avondale Mills textile mill located on Ascauga Lake Road in Graniteville.

Tower's plan is to immediately finish cleaning and retrofitting the building so it is ready to lease to smaller industrial and warehouse users.

The first tenant is Southern Felt Company, who needs the storage.

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