The Dow Chemical Company (DOW) announced, an agreement that will position the nation’s largest specialty chemical and advanced materials company for future growth by locating its North East USA Technology Center in Collegeville, Pa.
Dow scientists will begin operations next year in a state-of-the-art research and development facility owned by the pharmaceutical company Pfizer Inc. Employees at Dow’s Spring House, Pa. campus will begin moving to the new site as early as the first quarter of 2013. It is estimated that more than 800 jobs will remain in the county as both Spring House and Collegeville are cities within Montgomery County.
With over 750,000 square feet of laboratory and office space, the facility will also have room to accommodate potential job growth in the future. After conducting a comprehensive feasibility study, Dow determined this opportunity as the best option to reach research objectives.
Dow’s Spring House location, acquired via the Company’s Rohm and Haas acquisition in 2009, has been a center for strategic research and development since 1963. From this site, the company’s scientists have invented products ranging from acrylic technology for high-quality latex paints to water purification products and polymers used in laundry detergents, shampoo, lotion, and conditioners.