Werstil owner buys former NAC building
Facility bought at bankruptcy sale to be renamed Wye View Center
DUNCANSVILLE — The former North American Communications building has a new owner.
Greg Werstil, owner of Werstil Companies, and his wife, Janine, formed Energy Intermodal Associates to purchase the 160,000-square-foot facility at a bankruptcy sale. The property will be called Wye View Center.
North American Communications, a direct mail print production company, filed a voluntary petition under Chapter 7 of the United States Bankruptcy Code and suddenly closed its doors May 20, 2019. At the time, the plant employed about 270 workers.
Founded by Michael Herman in 1979, NAC had become one of the leading vertically integrated direct mail and fulfillment companies in the industry and over the years had become a major employer in the Altoona area. The company reached a peak employment of about 700 in 2000.
The building was constructed in the 1950s for Crane Radiator Corp. before North American Communications took over the building, Werstil said.
“I saw an opportunity in being a steward of the property and preserving it with a re-adaptive use,” Werstil said. “Our plans are to market it. We are looking for a tenant to use the building.” Werstil said he paid $500,000 for the property.
“We had to bring it into compliance with the state Department of Environmental Protection,” he said. “We would like to bring in a company and work with local businesses to use the space. Matt Stuckey is using part of the parking lot. It is a great corner. A lot of the building is older, but there was a 20,000-square-foot steel addition. This is my own private little incubator,” Werstil said.
The Werstils’ purchase of the NAC building is good news for the area, said Stephen McKnight, president and CEO of the Altoona-Blair County Development Corp.
“Greg and his team have been working hard to bring back to life some of our more prominent former industrial buildings, NAC and the General Cable building among them. Having this space available now is more important than ever as we see a rise in reshoring of manufacturing and a proliferation of smaller, more nimble logistics and distribution operations. ABCD will continue to partner with Greg and all of our real estate partners to market these assets to a national audience,”