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Belgium Firm Buys Norfolk Ford Plant
March 23, 2011

Katoan Natie NV, a Belgian logistics firm, has announced the purchase of the former Ford plant in Norfolk for $10.5 billion. The company plans to spend another $1.5 million to renovate the plant for use as part of a warehousing operation. When completed, the company anticipates hiring over 200 employees at the facility.

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