Henkel Announces Stamford HQ Location

STAMFORD, CT—Henkel will call 200 Elm Street home for its North American headquarters.

It will lease 135,000 square feet of space and plans to move operating starting in the second quarter of 2017, according to the Stamford Advocate. The process won't be done until the first quarter of 2018.

The company plans on expanding a $50 million project that will create up to 266 new jobs in the state.

The company will participate in the state's First Five Plus Program, which provides a 10-year $20 million low interest loan. The company will also be eligible for up to $5 million in tax credits.

“When an international company of Henkel's stature decides to relocate to our state, expand its operations, and create hundreds of new jobs, it sends a message to the rest of the world that Connecticut is serious about working with companies to grow, generate capital investment, and strengthen our economy for the residents of our state,” Governor Dannel Malloy said.