Dec
13

DuPont Plant in Florence Sold

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The former DuPont Teijin Films site in Florence has been bought by a Wisconsin-based firm for $4.5 million. The site includes 32 buildings that comprise about 1.2 million square feet of space with the largest facility totaling 550,000 square feet on the first floor, according to Columbia-headquartered NAI Avant, which reported the sale. The purchaser, Florence Development LLC, of Niagara, Wis., plans to use a part of the existing buildings for PET warehousing and other ancillary work, said Nick Stomski and Tom Milliken of NAI Avant.

Florence Development also has under contract about 900 acres of land that’s yet to close.

DuPont Teijin Films closed the facility, which manufactured Mylar polyester film, in September 2010. About 200 workers were laid off. The company cited declining sales for closing the plant and it consolidated operations at another facility in Hopewell, Va. DuPont opened the Florence plant in 1961.

ADDITIONAL INFORMATION ON THE PROPERTY HERE

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