Luxembourg-based Ardagh Group recently secured the
$11.5 Million purchase of property at 900 Waltham Way, McCarran, NV in
the Tahoe Reno Industrial Center. Dave Simonsen, CCIM, SIOR; J. Michael
Hoeck, SIOR; and Michael Nevis, CCIM of the NAI Industrial Properties
Team represented Ardagh Group in this transaction.
The
purchase includes the acquisition of an existing 330,000 square foot
Class A manufacturing facility and two 18 acre parcels on the east and
west side of the building for future expansion. Ardagh Group had looked
at 37 facilities in three (3) states before deciding on the new
location in Northern Nevada.
The
move will bring approximately 140 technical jobs to Northern Nevada
throughout the next five years, including 72 jobs within the first six
months. In addition to job stimulus for the area, Ardagh will have a
total capital investment of close to $80 Million - $20 Million dedicated
to building retrofitting and an additional $60 Million for equipment
and installation. They’re expecting to produce nearly 3 Million cans
per day from the state-of-the-art, advanced manufacturing facility
beginning in January 2014.
Ardagh
Group is a global leader in glass and metal packaging solutions for
most of the world’s leading food, beverage and consumer brands. Ardagh
Group generates $5.5 billion in worldwide sales and produces 32 billion
containers annually for such customers as Coca-Cola, ConAgra, InBev and
Bumble Bee Foods. The company has operations in 25 countries and
employs 18,000 people in more than a hundred facilities.
The
company’s U.S. metal packaging operations are based in Carnegie, Pa. In
addition to the new facility in McCarran, NV, the company has
facilities in Bloomsburg, PA, Weirton, WV, Conklin, NY, Terminal Island,
CA, and the recently announced expansion in Roanoke, VA.
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