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Cedar Fair won’t build park in China

 

SANDUSKY — Cedar Fair LP, which owns Cedar Point and 11 other amusement parks, said yesterday that it has no plans to build a theme park in China, despite a published report to the contrary.

 

Spokesman Stacy Frole said CBS Inc. had an deal with Tianjin, China, for a $625 million theme park that would become part of CBS’ Paramount Parks chain. But when Cedar Fair took over the Paramount firm, it rejected several projects, including that one. A Reuters story yesterday said the project was ongoing.

 

The local firm also rejected a plan to invest in a Great Wolf Lodge resort being built adjacent to Cedar Fair’s newly acquired Kings Island amusement park near Cincinnati.

 

Credit Link: http://toledoblade.com/apps/pbcs.dll/article?AID=/20060718/BUSINESS06/60718010/-1/BUSINESS

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