The new location is home to most of Lawter’s senior management team and is providing much of the support necessary to effectively operate the global business. Lawter expects to locate approximately 30 associates at the global headquarters location over the next six months.
Along with the global headquarters, Lawter continues to support R&D, process engineering, and product regulatory from their facility in Carpentersville, IL.
“We are very happy to establish our world headquarters here in Chicago - a great location to connect with the markets we serve and our global customer base,” said Nob Makino, Lawter’s chairman and CEO. “We are a strong global business and Chicago is an outstanding city from which to operate.”
“We are delighted to once again create a Lawter presence in Chicago.” said Brad Crocker, executive vice president and COO. “Lawter was founded in Chicago more than 70 years ago and we couldn’t be more excited to return to our home town.”
With 2010 annual revenues of approximately $360 million, Lawter is well positioned in all the major regions of the world. Lawter operates 11 manufacturing facilities, four R&D facilities and employs more than 680 people on a global basis.