MOUNT PLEASANT – SC Johnson has completed its purchase of the former Sealed Air building, located just south of Highway 20 and just west of the company’s Waxdale manufacturing plant.
The company took ownership on the building on Wednesday for $27.6 million plus $2.4 million for furniture in the building, company spokeswoman Angela Hersil said Friday night. The building, located at 8310 16th St., is 280,000 square feet and is LEED certified, Hersil said. LEED refers to the U.S. Green Building Council’s Leadership in Energy and Environmental Design recognition program.
In September, SCJ spokeswoman Jam Stewart said the pending purchase of the building signified the company’s continued commitment to the Racine area. Stewart said the building has many open collaboration spaces, state-of-the-art laboratories, a full-service cafeteria and a gym.
In July, Sealed Air, which bought the former Diversey in 2011, announced it would construct a new global headquarters in Charlotte, North Carolina, and close its local Diversey Care division, which produces cleaning, sanitation and hygiene solutions, within the next three years. Johnson Wax Professional, an SCJ spinoff, purchased Diversey in 2002.
As part of its purchase agreement, SCJ will lease the building back to Sealed Air through 2015.