Nestle Waters North America Inc. will relocate its headquarters from Greenwich, Conn., to Stamford, Conn., late in 2010. Nestle Waters has 475 employees at its headquarters, and has been located in Greenwich since 1979. The company intends to add 25 headquarters jobs during the next three years.
Nestle Waters' new headquarters will be located at 900 Long Ridge Road in Stamford. The company will lease 164,301 square feet of space, an increase of approximately 24 percent from Nestle Waters' current headquarters in Greenwich.
The decision to move was made for a variety of reasons, including favorable economics, an open floor plan design permitting increased employee collaboration, cafe amenities, access to public transportation, and a shorter commute for most of the company's headquarters employees, of which 70 percent live in Connecticut, the company says. The Stamford-facility is less than twelve miles from Nestle Waters' current location.
"We are excited to remain a Connecticut-based company,” said Kim Jeffery, Nestle Waters North America’s president and chief executive officer, in a statement. “Our new home in Stamford will support the collegial atmosphere we encourage among our employees."
The company plans to renovate the Stamford location to meet the U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED) standards for green buildings. Nestle Waters has nine facilities built to LEED certification.
"Our goal to renovate the new headquarters to meet LEED standards is part of an ongoing commitment to find ways to minimize our company's environmental footprint," Jeffery said.