Adhesives & Sealants Headlines

MOMENTIVE ANNOUNCES PLANS TO BUILD TECHNOLOGY CENTER AND GLOBAL HEADQUARTERS IN RENSSELAER COUNTY, NY

Jonathan D. Rich, president and CEO of Momentive Performance Materials Inc., has announced plans to build a state-of-the-art Technology Center and Global Headquarters in Rensselaer County, NY. Plans are already underway to relocate the company’s headquarters to the Capital District beginning August 1, 2008. The new facilities will employ 250 people with a total annual payroll of approximately $38 million. One hundred and fifty of these jobs will be new to the Capital Region.

“We strive to make our customers successful,” said Rich. “To continue to meet and exceed our customers’ needs, we need a world-class Technology Center for our top-notch talent to design and develop innovative products in order to compete in this highly competitive industry.” Momentive currently has multiple Research and Development Centers globally, including a 60-year-old center at Waterford, NY.

“In these difficult economic times, New York needs to make smart investments that create jobs and help improve the local economy. This does both,” said Governor David A. Paterson. “We are delighted that Momentive is moving their Global Headquarters to the Capital Region, and I want to thank Joseph Bruno and Assembly Majority Leader Ron Canestrari for their efforts. With its high quality of life and educated work-force, Upstate New York is well suited for business, and I am quite sure that Momentive will be very happy with this move.”

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

ASI April 2014 Photo Gallery

Our April 2014 issue is now available!

Podcasts

ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

Adhesives & Sealants Industry Magazine

ASI April 2015 cover

2015 April

Our April issue includes previews of the ASC Spring Convention and Expo and the European Coatings Congress and Show, as well as articles detailing end-use applications in transportation, raw materials and equipment. Check it out today!

Table Of Contents Subscribe

Better Jobs

Is the economy prompting you to consider leaving your job for a better one?
View Results Poll Archive

THE ADHESIVES STORE

handbook-sealant-tech.gif
Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

ASI 2014 Buyers GuideASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 

STAY CONNECTED

facebook_40px twitter_40  youtube_40pxlinkedin_40 google+ icon ASI 30px

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.