Danvers, Mass.-based OSRAM SYLVANIA will be moving its headquarters from Danvers to Wilmington, Massachusetts. The new location will be within the technology corridor and is being designed as a dynamic workplace that will cultivate an energizing environment for fostering innovation, focus, customer experience, and learning.
“This move is essential to building a more agile and collaborative culture, which will help us operate with speed, deliver innovative products that customers love, and generate future growth,” says Jes Munk Hansen, President and CEO of OSRAM SYLVANIA. “All of that will help us achieve our ultimate measure of success: maintaining and expanding our industry leadership in an increasingly competitive and rapidly changing environment.”
The new location will serve as the regional headquarters of OSRAM Americas and will continue to have a strong presence in northern Massachusetts and the New England area. Set to take place summer 2015, the relocation will include the 54 Cherry Hill location as well with future integration of the 71 Cherry Hill location in Beverly, Mass. at a later date.