Carthage, Indiana Redevelopment
In 2009, IndiGreen, LLC, an affiliate of Green Investment Group, Inc., acquired the former Smurfit-Stone Container site in Carthage, Indiana. This location had been engaged in production of paper products since the late 1800’s. Analysis of the environmental conditions and the industrial infrastructure on this 165 acre site has been completed. Abatement of all asbestos-containing materials was completed at the time all special purpose structures were removed.
IndiGreen, LLC conveyed the property in March, 2016 to a party with unannounced plans for site development. It is anticipated that this non-productive, former industrial site will become a community asset with positive impacts for the Carthage area.