The Dow Chemical Company inaugurated its new Northeast Technology Center (NTC) in Collegeville, PA.
A world-class, state-of-the-art 800,000 square foot facility, the NTC is a global research and development hub of modern lab and office facilities providing a fully equipped, collaborative space for more than 800 employees and contractors.
One of the largest sites of its kind in Dow’s global network, the NTC will play a pivotal role as an innovation hub for many businesses in Dow’s Advanced Materials portfolio – a business unit headquartered in Philadelphia, which brings differentiated solutions to customers in key end-markets including electronics, consumer and lifestyle, infrastructure and transportation and energy.
“The Northeast Technology Center is yet another example of Dow's continued commitment to innovation and collaboration,” said Andrew Liveris, Dow chairman and CEO. “Working at the intersection of the sciences, Dow scientists and technologists are bridging the gap between chemistry and technology to develop solutions to some of the world's greatest challenges.”
Howard Ungerleider, Dow executive vice president and advanced materials portfolio leader, noted Dow has a heritage of innovation in the Delaware Valley.
“More than 50 years ago, this region saw the invention of water-based acrylic emulsion technology, an innovation that revolutionized the way we make paint and became a national historic chemical landmark,” said Mr. Ungerleider. “Today, as we gather in this new space, we can only imagine what kind of milestones we will reach in the next 50 years. It is exciting to know that this will be the point of discovery for many new innovations to come.”
Dow in the Delaware Valley employs approximately 2,000 people, generates $1 billion in customer sales annually and has had a presence in the region for more than 100 years. Products developed locally include: acrylic technology for paints, coatings and construction materials; products used to fabricate electronic chips; polymer technologies for personal care, as well as technologies for enhanced water purification and laundry care.
Dow has already started moving employees from its Spring House Technical Center to the NTC and will continue the transition through 2014.