Wade Rentals purchased the former Bayliner boatbuilding plant in western Maryland for $1.3 million.
The firm, which rents industrial equipment, bought the estimated 144,000-square-foot building, which sits on a 25-acre lot, according to Henry Hanna, of Sperry Van Ness-Miller Commercial Real Estate.
The property had been vacant since 2008.
There had been reports that Brunswick would lease the property to a western Maryland wind-turbine business that wanted to manufacture alternative energy components at the location. The project, announced last year, was to create 700 jobs between Salisbury and Cumberland.
In August 2009, John Congedo, president of AC-Wind in Grantsville, told the Cumberland Times-News that his company was contracted by Brunswick to house a wind-turbine blade manufacturing component in the former Bayliner facility.
Local economic development leaders had looked to the alternative energy manufacturer to offset close to 200 jobs that left Salisbury when Brunswick closed the boatbuilding plant, moving the division in 2008 to Brunswick County, N.C., where it had a similar operation.