The J.M. Smucker Company has purchased a 175,000-square-foot warehouse next to its manufacturing plant in Havre de Grace for $3 million, according to MacKenzie Commercial Real Estate Services, LLC, which brokered the transaction.
The 16-acre property at 350 Old Bay Lane was sold by Constar International, which makes plastic containers. Most of Constar's assets were acquired in a bankruptcy auction last month by Michigan based Plastipak Packaging, Inc.
The building was constructed in 1973 and has 15 loading docks, according to MacKenzie.
Constar was once among the world's leading suppliers of polyethylene terephthalate plastic containers and played a key role in developing recyclable plastics, according to a statement from MacKenzie.
The Old Bay Lane building had no employees and was being used solely as a warehouse, Constar spokeswoman Keisha McMillan said.
Constar also has a plant on Clark Road in the same Chesapeake Industrial Park as the warehouse, McMillan said. The plant is not affected by the sale of the warehouse property, she said.
Smucker has used its plant, at 340 Old Bay Lane, for beverage production.
The Smucker company did not return phone calls Wednesday. City of Havre de Grace economic development employee Pam Spelker said she did not have any information about the sale.