Ceramic Industry News

Momentive Selects Site for New Technology Center, Headquarters

February 16, 2010
/ Print / Reprints /
ShareMore
/ Text Size+

Momentive Performance Materials Inc. recently announced that the Rensselaer Technology Park located on Route 4 in North Greenbush, N.Y., has been selected as the site for its state-of-the-art Technology Center and Global Headquarters. Construction of the Technology Center, which will be financed in part by a developer, is expected to begin in late 2010 and will result in approximately 150 construction-related jobs. The company is in the process of preparing a detailed bid package and will be soliciting bids from developers later in the year. The Rensselaer Technology Park is associated with the Rensselaer Polytechnic Institute.

The new facilities will employ 250 people with a total annual payroll of approximately $38 million. The Technology Center will cost approximately $75 million and will employ 130 people. The company’s global headquarters building will be constructed following completion of the Technology Center at a cost of approximately $16 million. The headquarters will employ 120 people. It is expected that approximately 125 of the jobs will be new to the Capital Region, in addition to 25 positions Momentive has already added to its global headquarters. Momentive relocated its global headquarters from Wilton, Conn., to the Capital Region on August 1, 2008. The company’s interim global headquarters is located at 22 Corporate Woods Blvd. in Albany, N.Y.

“We strive to make our customers successful,” said Jonathan D. Rich, president and CEO of Momentive. “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 facilities globally, including a 60-year-old center in Waterford, N.Y.

Additional information is available at www.momentive.com.

Links

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

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

Multimedia

Videos

Image Galleries

In-Depth Features

These articles detail innovative advanced ceramic and glass materials and technologies.

Podcasts

Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

THE MAGAZINE

Ceramic Industry Magazine

CI April 2014 cover

2014 April

Our April issue features details on advanced materials such as ceramic matrix composites and piezoelectric ceramics, among many others. Be sure to check it out!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith 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.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40