Wacker Opens Regional Innovation Center in the U.S.
Wacker Chemie AG recently announced that it has opened a new regional Innovation Center based in Ann Arbor, Mich. The research building, which will reportedly develop high-margin biotech and silicone specialties for high-tech applications in key industries, will also serve as the headquarters of the Wacker Chemical Corp. (WCC) subsidiary, which is responsible for the group’s business activities in North and Central America.
Wacker intends to significantly expand its market position in the U.S. and other target regions through investments in research and development, additional production capacities, and accelerated growth. The investment for the new facility amounts to around €40 million (approximately $41.7 million).