SCHENECTADY, N.Y. – SI Group a leading developer and manufacturer of performance additives, process solutions, pharmaceuticals and chemical intermediates, announced today the selection of the Golub Corporation building, headquarters to Price Chopper/Market 32 in Schenectady, NY, for its Global Headquarters location. SI Group will occupy a floor in this LEED Gold certified facility, which offers a full-serve cafeteria, large fitness center, advanced IT infrastructure and security, direct access to walking and bike paths, and close proximity to restaurants and businesses. The new facility will also provide a pleasant experience for customers while illustrating the company’s culture and values.
“We’re pleased to relocate our headquarter offices to a facility that fits our workforce today and reflects the company’s culture and values,” said David Bradley, SI Group President & Chief Executive Officer. “The location also allows employees to be part of the Schenectady downtown community.”
Anthony Jasenski, Chairman of the Schenectady County Legislature said, “Our County economic development team, led by Metroplex, worked very hard to retain this very important corporate headquarters. SI Group had many choices for its new office location, and we are very pleased to keep this major corporate headquarters right here in Schenectady County.”
“Price Chopper/Market 32 is pleased to welcome SI Group’s Global Headquarters, with its long history in Schenectady, to 461 Nott St. in the heart of the city’s thriving downtown,” said Scott Grimmett, the progressive Northeastern supermarket chain’s President and CEO. “We look forward to sharing the provisions and amenities of our state-of-the-art office building with their team.”
The 240,000 square foot building has six floors, each with 40,000 square feet. The sustainable building built at a former brownfield site is owned and managed by the Galesi Group, also headquartered in Schenectady, NY.
The move is expected to take place in the first quarter of 2020. The company’s research and development labs will move to a separate location. That decision is in its final stages.
CBRE-Albany is handling the sale of the current SI Group property. For inquiries about the property, please contact Dan Simpson of CBRE-Albany.
About SI Group
SI Group is a leading global developer and manufacturer of performance additives, process solutions, pharmaceuticals and chemical intermediates, with strong positions in the plastics, oilfield, rubber, fuels & lubricants, active pharmaceutical ingredients and industrial resins industries. SI Group solutions are critical to the quality and performance of countless industrial and consumer goods. Headquartered in Schenectady, New York, SI Group operates more than 30 manufacturing facilities on five continents with approximately $2 billion in annual sales, and more than 3,000 employees worldwide. SI Group is a portfolio company of SK Capital Partners. In 2018, SI Group received its third silver award for corporate social responsibility by EcoVadis and is ranked among the top seven percent of more than 45,000 worldwide companies. SI Group is The Substance Inside. For more information, visit www.siigroup.com.
About the Golub Corporation
Based in Schenectady, NY, the Golub Corporation owns and operates 133 Price Chopper and Market 32 supermarkets in New York, Vermont, Connecticut, Pennsylvania, Massachusetts and New Hampshire. The American owned, family-managed company prides itself on longstanding traditions of innovative food merchandising, leadership in community service, and cooperative employee relations. Golub’s 20,000 teammates collectively own more than 40% of the company’s privately held stock, making it one of the nation’s largest privately held corporations that is predominantly employee owned. For additional information, visit www.pricechopper.com.
Contact:
Joseph Grande
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joe@jgrandecommunications.com