The International Paper Company has purchased a 415,700-square-foot warehouse in West Sadsbury Township for $11.6 million from VMM Eckman Management, an affiliate of Atglen-based J.D. Eckman, writes Natalie Kostelni for the Philadelphia Business Journal.
Thomas J. Ryan, a spokesman for Memphis-based International Paper, said the company will disclose its plans for the building at a future date.
Bill Beers, zoning officer for West Sadsbury, who toured the building with an International Paper representative, said the company plans to “use it for warehousing, basically for box storage.”
International Paper already has a facility in Chester County in Toughkenamon. The company also maintains several warehouses and production plants both in Pennsylvania and South Jersey.
The newly purchased building in West Sadsbury sits on 42 acres. In its current configuration, the facility also includes some dedicated office space.
International Paper gets more than 70 percent of its revenue from industrial packaging. The company makes boxes used in e-commerce and to store other products such as fruits, vegetables, beverages, and durable goods. The healthcare and pharmaceutical industries also use the company’s products.
International Paper’s other products include the paper used for printers, books, labels, and other items.
Read more about the sale in the Philadelphia Business Journal.