Wednesday, January 14, 2015
Charlotte, N.C. – Sealed Air Corporation (NYSE: SEE) announced today that it will construct a new, state-of-the art corporate headquarters at LakePointe Corporate Center in Charlotte’s Mecklenburg County.
The Company also announced it has selected Childress Klein, a full service real estate company operating in the southeastern United States, as its development partner and HOK, a global design and architecture firm, as its design and engineering partner. Additionally, the Company has announced it has hired Stantec as its project management partner to ensure completion of strategic milestones.
“We are confident that the site Sealed Air has selected for its new global headquarters will allow us to fully execute our vision of constructing a unique, technologically advanced facility that flows in harmony with its natural surroundings,” says Jerome A. Peribere, Sealed Air President & CEO.
Sealed Air announced in July 2014 that it will relocate approximately 1,300 jobs to a new campus in Charlotte that will become headquarters for its divisions, research and development facilities and corporate offices. The Company is currently leasing temporary office space in Charlotte and anticipates its new campus to be completed by the end of 2016.
About Sealed Air
Sealed Air creates a world that feels, tastes and works better. In 2013, Sealed Air generated revenue of approximately $7.7 billion by helping our customers achieve their sustainability goals in the face of today’s biggest social and environmental challenges. Our portfolio of widely recognized brands, including Cryovac® brand food packaging solutions, Bubble Wrap® brand cushioning and Diversey™ cleaning and hygiene solutions, ensures a safer and less wasteful food supply chain, protects valuable goods shipped around the world, and improves health through clean environments. Sealed Air has approximately 25,000 employees who serve customers in 175 countries. To learn more, visit www.sealedair.com. Information on Sealed Air’s website is not incorporated into, and does not form a part of, this press release.
We routinely post important information for investors on our website, www.sealedair.com, in the “Investor Relations” section. We use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under SEC Regulation FD. Accordingly, investors should monitor the Investor Relations section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.
Statements in this press release may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 concerning our business, consolidated financial condition and results of operations. These statements include comments as to future events that may affect Sealed Air, which are based upon management’s current expectations and are subject to uncertainties, many of which are outside Sealed Air’s control. Forward-looking statements can be identified by such words as “anticipates,” “expects,” “believes,” “plan,” “could,” “estimate,” “will” and similar expressions. A variety of factors may cause actual results to differ materially from these expectations, including economic conditions affecting packaging utilization, changes in raw material costs, currency translation effects, and legal proceedings. For more extensive information, see “Risk Factors” and “Cautionary Notice Regarding Forward-Looking Statements,” which appear in our most recent Annual Report on Form 10-K, as may be revised and updated from time to time by our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, as filed with the Securities and Exchange Commission. These reports are available on the Securities and Exchange Commission’s website at www.sec.gov or our Investor Relations home page at http://ir.sealedair.com. Information on Sealed Air’s website is not incorporated into, and does not form a part of, this press release. Sealed Air does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.