Former Hynix plant sold in $6.3 million deal

Ohio-based Stratacache, a maker of high-tech digital signs, purchased the factory, according to people familiar with the deal.

Posted: Apr 1, 2020 11:09 AM
Updated: Apr 1, 2020 11:20 AM

EUGENE, Ore. -- The former Hynix plant in Eugene has a new owner. Ohio-based Stratacache, a maker of high-tech digital signs, purchased the factory and the 198-acres of land it sits on for $6.3 million last week, according to people familiar with the deal. 

The factory has seen several businesses come and go since it was first built in 1998. The facility is located near the western end of 18th Avenue and was built in 1998 by the Hyundai Corporation. It operated as a chip maker for 10 years.

Matt Sayre, managing director with Onward Eugene, said Stratacache bought the plant shortly before it was scheduled to go to auction. 

"Onward Eugene is pleased that the new owners are envisioning their future uses of the property," Sayre said in an email. "We’re hopeful that future advanced manufacturing uses of the Technology Center can create new jobs in Eugene, tapping into the very talented and educated local workforce."

Stratacache did not return our request for comment as of Wednesday afternoon.

Oregon Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 43793

Reported Deaths: 673
CountyConfirmedDeaths
Multnomah9502166
Marion6024109
Washington599178
Umatilla343545
Clackamas326766
Lane246727
Malheur194938
Jackson17967
Deschutes118513
Yamhill101315
Linn84515
Polk66815
Jefferson60710
Morrow5517
Lincoln51813
Union4842
Benton4636
Klamath4223
Douglas3688
Wasco34916
Hood River2841
Columbia2711
Josephine2703
Coos2601
Clatsop2480
Baker1403
Crook1132
Tillamook740
Curry581
Wallowa492
Lake430
Harney350
Sherman200
Grant120
Gilliam110
Wheeler10
Unassigned00
Eugene
Broken Clouds
48° wxIcon
Hi: 58° Lo: 38°
Feels Like: 44°
Corvallis
Overcast
47° wxIcon
Hi: 59° Lo: 36°
Feels Like: 45°
Roseburg
Clear
45° wxIcon
Hi: 64° Lo: 45°
Feels Like: 45°
North Bend
Broken Clouds
53° wxIcon
Hi: 58° Lo: 44°
Feels Like: 53°
KEZI Radar
KEZI Temperatures
KEZI Planner

LATEST FORECAST

Community Events