New Corporate Headquarters Affirms Air Products’ Commitment to Lehigh Valley
By Colin McEvoy on September 19, 2019
Air Products has been part of Lehigh Valley since the 1940s, and when it came time for the Fortune 500 company to establish a new global headquarters, there was never any doubt it would stay right here in the region, according to company officials.
“With operations in more than 50 countries around the world, we never wavered in our commitment to the Lehigh Valley as the location for our new global headquarters,” said President & CEO Seifi Ghasemi. “That decision was an easy one to make. It is an ideal location to build new facilities representing a world-class company.”
Before a crowd of more than 200 people during a Sept. 18 ceremony, Air Products broke ground on its new $400 million facility, located on a 50-acre tract in Upper Macungie Township just over one mile from the company’s existing headquarters.
The new state-of-the-art facility will be the base of 2,000 employees when it opens in the summer of 2021. Ghasemi said the high-quality workforce of the Lehigh Valley is a key component of the “foundational culture” of Air Products.
“There are certain values instilled in people because of where we are today, because of the people who live in this area, who contribute to its success, and who call it home,” he said. “There is a lot of value in preserving that. So it became clear this location worked best for us, and we have never wavered from the decision to stay.”
The availability of labor is the top factor driving company location decisions today, which is why the Lehigh Valley Economic Development Corporation is focused on the attraction of talent through the work of the LVEDC Education & Talent Supply Council and the Made Possible in Lehigh Valley initiative.
“Today is a great day for Air Products, but it’s also a great day for workers in the Lehigh Valley because of the job opportunities this new headquarters will create for them in the years ahead,” said Neil Weaver, Executive Deputy Secretary of the Pennsylvania Department of Community and Economic Development.
“We want the Commonwealth to be a place where Pennsylvania-based businesses can continue to grow and thrive,” Weaver said. “The fact that Air Products chose to stay here in their home of Pennsylvania speaks volumes about the business climate and the quality of life that we offer in the Commonwealth and in the Lehigh Valley.”
The new Air Products site will include dedicated buildings for administration, research and development, and parking, as well as sustainability features such as energy-efficient buildings, solar panels, green roofs, and a station for fueling hydrogen-powered vehicles.
“We believe our new location will afford us a special opportunity to modernize and optimize our office space and R&D facilities and invest in a work environment that motivates and energizes our employees,” Ghasemi said. “As a global company operating in more than 50 countries, this new headquarters will reflect the safety, speed, simplicity and self-confidence that move us forward as a world-leading industrial gas company.”
During the event, Ghasemi unveiled the headquarters‘ new address: 1940 Air Products Boulevard, a reference to the founding of the company in the year 1940. The building is located southeast of the intersection of Mill Creek Road and the Route 222 Bypass.
Air Products is a world-leading industrial gases company that provides gases and related equipment to dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage.
The company had 2018 sales of $8.9 billion from operations in 50 countries and has a current market capitalization of about $50 billion, according to Air Products. The company employs about 16,000 people worldwide.
“With other attractive locations available to build its new headquarters throughout the country and the world, Air Products’ decision to relocate within the Lehigh Valley speaks volumes to its leadership’s and employees’ commitment to and investment in the local community and the Commonwealth,” said state Sen. Pat Browne. “As one of the area’s largest employers, that commitment to keep high-paying, world-class jobs here in the Lehigh Valley is truly significant and invaluable to this region.”
Lehigh Valley Job Growth Continues; Manufacturing a Key Driver
New federal and state labor data show continued job growth in Lehigh Valley, including an increase in manufacturing jobs that contrasts with statewide employment trends. [...]Continue to Next Page