News

Evonik Corporation to expand in Trexlertown, Lehigh County

The Evonik Corporation, a German specialty chemicals company, will expand its technology and business capacities at its current location in Trexlertown, Lehigh County.

The project is expected to create 50 new high-paying jobs and retain the company’s existing 277 jobs across the state.

“Evonik’s expansion shows that the commonwealth is well-equipped for companies looking to grow their R&D capabilities,” Gov. Tom Wolf said. “Additionally, the 50 new family-sustaining jobs will boost the local economy. I applaud Evonik for committing to grow right here in Pennsylvania.”

Evonik will purchase its leased manufacturing facility and build a new business and technology center, which will include more than 50 specialized laboratories for new product development and testing. Evonik expects to invest at least $50 million into the project.

Evonik considered potential locations in other states but ultimately selected its current location in Trexlertown for expansion.

“Retaining great employers is as important as recruiting new ones,” Don Cunningham, president & CEO of the Lehigh Valley Economic Development Corporation (LVEDC), said. “This decision is a vote of confidence in the Lehigh Valley and in the region’s ability to attract the top-tier talent employed at Evonik.”

Evonik received a funding proposal from the Department of Community and Economic Development for $150,000 in Job Creation Tax Credits (JCTC) and a $2.5 million grant from the Redevelopment Assistance Capital Program. The Governor’s Action Team coordinated the project.

Evonik first moved to the Lehigh Valley in January 2017 after completing a $3.8 billion acquisition of Air Products’ performance materials business.

Kevin Randolph

Recent Posts

GOP-led bill creating Independent Energy Office, POWER Board makes it through Senate

The Pennsylvania Senate on Wednesday approved a Republican-led bill to establish a sweeping, new energy…

13 hours ago

Vision RNG expands leadership team

Canonsburg-based Vision RNG, a developer, owner, and operator of landfill gas to renewable natural gas…

19 hours ago

Bethlehem startup wins Ben Franklin Northeast’s Venture Idol

On Monday, Bethlehem-based Ilico Genetics was named the winner of Ben Franklin Northeast’s Venture Idol.…

19 hours ago

Martin’s Famous Potato Rolls and Bread expanding Franklin County facility

Martin’s Famous Potato Rolls and Bread, a bread and rolls manufacturer, plans to invest $123.2…

19 hours ago

Ohio company purchases Prism Technologies

Ohio-based Hyperion Materials & Technologies, a materials science company developing advanced hard and super-hard materials,…

2 days ago

DEP launches pilot program for construction stormwater discharge permits

The Pennsylvania Department of Environmental Protection (DEP) launched a 10-county pilot program on Wednesday, designed…

2 days ago

This website uses cookies.