Polymer Group moves HQ to North Carolina for better prospects
17 Feb '06
2 min read
One of the world's leading producers of engineered materials, Polymer Group Inc announced it will establish a new corporate headquarters in the Charlotte, North Carolina region, to better serve its customers and accommodate future growth of the business.
The new headquarters will bring together the company's senior leadership, finance, purchasing, human resources, sales, customer service and other administrative functions, currently located in several locations in the US, into one central site with approximately 100 employees.
The relocation from the current headquarters in North Charleston, S.C., is planned to take place by August, 2006.
About a dozen executive management positions have been based at the North Charleston site since 2003.
Additionally, employees will be relocated from sites in Dayton, New Jersey and Mooresville and Raleigh, North Carolina.
The move puts PGI in closer proximity to its Mooresville, North Carolina, manufacturing site, where the company is in the process of a $40 million expansion.
The plant expansion is expected to be completed by the middle of this year and will add approximately 50 jobs in the North Carolina area, in addition to the positions being relocated from the headquarters consolidation.
"This relocation is very much in line with their plans for deliberate growth and expansion, and makes perfect sense for the business," said James Schaeffer, PGI's chief executive officer.
marketing@alchempro.com
