Wednesday, July 23, 2014
ELMWOOD PARK, NJ – July 23, 2014 – Sealed Air Corporation (NYSE: SEE) today announced that it is establishing a new global headquarters in Charlotte, North Carolina. The Company will relocate to a modern, state-of-the art, environmentally-sustainable campus that will become the headquarters for its divisions, research & development facilities, and corporate offices.
Within the next three years, Sealed Air anticipates approximately 1,300 jobs will be relocated to Charlotte from its current headquarters in Elmwood Park, New Jersey; and, all or part of its facilities in Saddle Brook, New Jersey; Danbury, Connecticut; Racine, Wisconsin; and, Duncan and Greenville, South Carolina. The Company will also relocate a small number of employees from other locations.
“We are confident Charlotte will provide a great environment for us to operate and grow our business moving forward. This move will contribute to a stronger, one-company culture that will enable greater collaboration, efficiencies, and better use of our investments in people and new technologies,” said Jerome A. Peribere, President and CEO of Sealed Air.
Sealed Air will continue to maintain manufacturing in its Saddle Brook and Danbury facilities, as well as certain operations in Duncan. The Company’s Simpsonville and Seneca, South Carolina sites will also continue their manufacturing operations.
“We considered numerous criteria in making our decision.” said Peribere. “We believe Charlotte’s many attributes, including its solid economy and its reputation for business friendliness, technology and innovation, make it an ideal place for our employees to live and work.”
“North Carolina’s business-friendly climate continues to attract corporate headquarters to the Charlotte region,” said North Carolina Governor Pat McCrory. “We welcome Sealed Air’s senior executive team, division and line managers and staff to the Queen City where they will find big city opportunity with a great quality of life.”