Colts: Deal for @applietime to replace $5,000,000 in ‘old’ ovens with new $2,500,000 machines
Indianapolis Colts coach Chuck Pagano says he is happy to have the company that built the $5.5 million ovens to replace them.
That’s thanks to an agreement with a Baltimore company that plans to install the ovens in a new $1.9 million oven factory.
The new ovens will be built at a facility that will be a new oven factory in Canton, Ohio.
Colts spokesman Chris Ballard said the new oven manufacturer is a partner in the new Baltimore facility.
Pagano says the Colts have made a decision to purchase a new brand of oven, which he called the “brand new” oven.
He said the Colts will use the new brand to manufacture the $1,800,000 new oven, adding the $2.50 million in annual depreciation the Colts would have to pay for the new factory.
“We are not a franchise that wants to be in a position where we have to have a brand new factory in a city that we’ve never been to,” Pagano said.
“But this is an opportunity that we feel good about.”
Pagans announcement comes a week after the Colts signed free-agent running back Reggie Bush, a former offensive lineman who will be in Cantons factory.
Pagano praised Bush and the Colts in a tweet.