Industry News, Suppliers News

Evonik Buys Office, R&D Buildings in Lehigh Valley, PA

Terms of the deal, which is expected to close mid-2019, were not disclosed.

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By: Anthony Locicero

Copy editor, New York Post

As part of its commitment to employees to remain in the Lehigh Valley, Evonik Corporation signed an agreement with Air Products to purchase facilities on its existing Trexlertown campus.   Specifically, Evonik will purchase R&D 1, R&D 3, a pilot plant, ancillary support buildings along with an additional 41 acres.   Terms of the deal, which is expected to close mid-2019, were not disclosed.   Approximately 215 Evonik employees currently work at the Trexlertown site, and the company expec...

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