Ingevity Plans New HQ In North Charleston
Jul 25, 2018 11:43AM
● Published by Kathleen Maris
Image: A rendering of the new headquarters.Ingevity Corporation
, a North Charleston-based specialty chemicals manufacturer, announced that it is establishing a new corporate headquarters in Charleston County. Ingevity will invest $5 million in the project, which is projected to create at least 100 new jobs.
With more than 1,600 employees worldwide, Ingevity manufactures specialty chemicals and high-performance carbon materials that purify, protect, and enhance the world. The company uses renewable, wood-based raw materials to create value-added products for a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, and automotive components that reduce gasoline vapor emissions.
Currently headquartered within the Ingevity Technical Center in North Charleston, Ingevity will be relocating its leadership, business and non-technical support functions, and business development teams to the new headquarters, located at 4920 O'Hear Avenue
in North Charleston. The relocation is expected to begin in April 2020. The company's technical teams will remain at the existing Ingevity Technical Center, which will revert to laboratory space and offices dedicated to innovation and development efforts.
The Coordinating Council for Economic Development has awarded a $100,000 Set Aside grant to Charleston County to assist with the costs of real property improvements.
"Ingevity has flourished in the North Charleston community for more than 70 years," said Michael Wilson, Ingevity president and CEO. "As the largest publicly traded company by revenues in the Charleston region, we are proud to continue growing our roots in this community. I'd like to thank the state of South Carolina, the S.C. Department of Commerce, Charleston County, and the city of North Charleston for their exceptional support of our growing business. We look forward to upholding our ongoing commitment to invest in and build our future in the great state of South Carolina."
More information about Ingevity can be found here