GDB International is employing 20 at TUMS

A company called GDB International that purchased the Technicolor Universal Media Services (TUMS) building east of Pinckneyville in August is now warehousing overstock paint in the behemoth manufacturing plant and employing 20 people. That number should go up.

For the third time in less than a year the TUMS building traded hands again in August..

This time, the buyer was New Brunswick, N.J.-based GDB International, established in 1993, which is an export trading company that warehouses and sells overstock building materials, paints, papers and plastics made in the U.S. to buyers overseas.

A spokesman states "We are one of the largest exporters of overstocks, slow moving, discontinued and recyclable inventories, shipping over 2,500 domestic and overseas containers each year."

The company is at least occupying the building and employing people, something that has not been seen in that building for years.

The company has a warehousing facility in Nashville, Ill. as well.

The last owner, a company called MIA, LLC of Newton, Mass. bought the building for $650,000 from CanAm Medical, LLC which had hoped to land one of the few marijuana groweries licenses in the state. That did not happen.

In buying the building for $650,000, then selling it for $900,000 MIA made a $250,000 profit in less than six months.