New Mill Capital and Dacon Break Ground on Renovation to Former Milford, MA Plant

New Mill Capital and Dacon Corp. recently broke ground on a $7.5 million renovation to the former Ardagh glass manufacturing plant in Milford. As one of Ardagh Group’s 13 U.S. manufacturing plants in operation from 1972 to 2017, this 47-year-old, 322,000-square-foot facility situated on 34 acres was purchased by New Mill Capital in the fourth quarter of 2018 to be transformed into a modern distribution center in response to Metro Boston’s growing facility demand. Planned improvements for this facility include new insulated metal panel siding, roof insulation, and a fire suppression system. Additionally, 12 loading docks with 30,000-pound levelers and full site paving are planned. Major demolition and construction activities commenced in July. Completion of the restoration is anticipated by the end of this year. Newmark Knight Frank represented New Mill Capital in the purchase of the 1 National St. property and are the exclusive agents for this project. New Mill Capital has its headquarters in Michigan. Dacon Corp. is located in Natick.

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