week of 4/10/02
 
 
 
  Government entities try to buy Dayco
SMN


Haywood County and Waynesville will each contribute $650,000 to help purchase the Dayco building.

The county has agreed to provide the Haywood Advancement Foundation with $650,000, and the town of Waynesville was expected to OK a similar expenditure at its meeting April 9.

The fate of the 33-acre Dayco property will be decided by a bankruptcy court April 17. Economic development officials say a good bid from local governments might oust the building from Landmark Corp., which has already made a bid of $2.5 million for the building. Landmark is associated with Grand Ridge, the company the court liquidated and which owes several creditors thousands of dollars.