The Dow Chemical Company has inaugurated its brand new Northeast Technology Center, or 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.
The Northeast Technology Center, one of the largest sites of its kind in Dow’s global network, will play a pivotal role as an innovation hub for many businesses in Dow’s Advanced Materials portfolio – a business unit headquartered in Philadelphia.
"Today Dow is making clear that it is committed to Pennsylvania, as a place of business, as a center of research and development, and as a home of innovation," said Pennsylvania Governor Tom Corbett, speaking at a ribbon cutting event attended by more than 700 employees, contractors and community members. "This tech center is part of something special happening all over our commonwealth. Businesses are coming here to become part of our economic comeback. That comeback has led to 130,000 private sector jobs being created; a recovery of more than 60 percent of the jobs lost during the great recession and unemployment at it the lowest rate since 2009. That's progress."
Andrew Liveris, Dow Chairman and CEO, added: “The Northeast Technology Center is yet another example of Dow's continued commitment to innovation and collaboration. 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.”
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. Dow employees in the region play a significant role in innovative chemistry that betters lives and contributes to the quality of life in the Tri-State area and its local communities. 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.
View the press release in its entirety online.