For the past two months, the Cannon County Industrial Development Board has had negotiations with a tenant in one of their current buildings on Alexander Drive. THC Select which manufactures small plastics such as tableware for hospitals has been a tenant in the building for close to two years. THC Select has not paid any rent to the Industrial Board as they maintain that a verbal agreement relieved them of the responsibilities until the costs of moving was reached. Since there was no lease in place, the Industrial Board set out to accomplish getting a signed lease and the matter would go back and forth until at the last Board meeting, it was decided to give THC a opportunity to sign the drawn up lease as submitted by the Board or else the Board would start the proceeds of eviction. THC Select had several discrepancies against the board drawn up lease. Not only did THC not sign the lease, the company Monday, filed a lawsuit against the Cannon County Industrial Development Board. Although the terms of the suit is not known at this time, THC Select officials declined to comment on any specifics.
