Meltric Corp. moves to new building

Franklin-based Meltric Corp., a manufacturer of electrical plugs and receptacles for industrial users, recently moved to a new 90,000-square-foot building at 4765 W. Oakwood Park Dr.

The new building is across the street from the company’s previous location, a 36,000-square-foot building at 4640 Ironwood Dr.

The Ironwood Drive building, which was built in 1999 and is owned by Meltric, is now listed for sale by Mark Schnoll and Jim Larkin of Colliers International|Wisconsin.

“They outgrew their facility and built one almost three times bigger,” Schnoll said.

Milwaukee County had a 7.66 percent industrial space vacancy rate in the fourth quarter of 2014, according to the latest Xceligent data.

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