Union Tools building set to be demolished, new investor interested in property

By WKTV News

FRANKFORT, N.Y. (WKTV) - It was the cornerstone in Frankfort for 100 years, until it was sold in 2006. Now the Union Tools factory will be torn down.

New development may takes it's place. Demolition of the landmark on Main Street in the village may begin as early as next month.

The Department of Environmental Conservation has been concerned about the property and tests prove the soil is contaminated at the site.

Frankfort Mayor Frank Moracco says once the building is demolished it will take seven months to clean up before new construction can begin.

Moracco says potential new employers are already knocking on the door. "We have a potential investor for the site. We've been in contact with him. He is looking to bring in a manufacturing facility- it looks like we're talking 300 to 500 jobs coming to our area," said Moracco.

Moracco wouldn't divulge who that investor is but says this will be a huge boost to the local economy. "Herkimer County is going to be extremely excited. Frankfort is thrilled with the process that this is going through and the ability to bring jobs back into our area."

He expects demolition of Union Tools to begin on June 4th.

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