WHITE PLAINS, N.Y. (Feb. 19, 2013) – Xylem Inc. and Empire State Development (ESD) jointly announced that Xylem will relocate its headquarters to a larger facility in Westchester County later this year, keeping more than 100 jobs in the state of New York and creating 15 more by 2016.
The company has signed a 10-year lease to rent the second and third floors at Reckson Executive Park at 1 International Drive in Rye Brook, N.Y. The company had previously considered moving to other tri-state locations before ESD assisted with $1.35 million in Excelsior Jobs Program tax credits and a $1 million Capital Grant.
“We’re extremely pleased to be staying in the Westchester County community with the support of Governor Andrew Cuomo, County Executive Robert Astorino and the Westchester County Industrial Development Agency,” said Xylem President and CEO Gretchen McClain. “Our new, expanded space will be a modern, world-class headquarters designed to encourage collaboration and training, as well as housing an innovation center. We expect the building to be a source of pride for our employees who work here, as well as for Xylem employees from all over the world who come here for training and meetings. We look forward to spending at least the next decade in Westchester County as we continue to grow our global business and help solve the world’s water challenges.”
“Today’s announcement is welcome news,” said Empire State Development President, CEO and Commissioner Kenneth Adams. “Governor Cuomo is committed to attracting and keeping good jobs in New York, and I’m glad the State was able to assist Xylem in staying and growing in Westchester County.”
The 67,145 square foot space will be Xylem-branded and renovated, with plans to satisfy LEED certification standards in keeping with the company’s commitment to environmentally sustainable business practices. Xylem is currently headquartered in a 50,000 square foot facility at 1133 Westchester Avenue in White Plains.
“We are thrilled that Xylem will be expanding its world headquarters in Westchester County,” said County Executive Robert P. Astorino. “These are good jobs, hi-tech and eco-focused jobs, and we’re proud to have partnered with Xylem to keep these jobs here. The county continues to work hard to provide an environment where companies like Xylem and others can grow for the future.”
Construction will begin in the second quarter, with move in expected to be completed in the fourth quarter of 2013, marking the company’s second anniversary as a standalone company. Xylem was created as the result of ITT Corporation spinning off its water businesses in October 2011.
Xylem is a global water technology provider, enabling customers to transport, treat, test and efficiently use water in public utility, residential and commercial building services, industrial and agricultural settings. The company does business in more than 150 countries through a number of market-leading product brands, and its people bring broad applications expertise with a strong focus on finding local solutions to the world’s most challenging water and wastewater problems. Xylem is headquartered in White Plains, N.Y., with 2012 revenues of $3.8 billion and approximately 12,700 employees worldwide. In 2012, Xylem was named to the Dow Jones Sustainability World Index for advancing sustainable business practices and solutions worldwide.
Tue, 02/19/2013 - 02:00