Henkel Corporation will be moving it’s headquarters from Scottsdale, Az. to Stamford creating new jobs.

Stamford, Conn. (WTNH) — Governor Dannel P. Malloy announced that Henkel Corporation will be moving it’s headquarters from Scottsdale, Az. to Stamford creating new jobs.

The Henkel Corporation is a Germany-based company that offers an array of different services including beauty and personal care, laundry and home care, and industrial materials such as adhesives, sealants, and surface treatments. The company is expanding in a $50 million project that is expected to create up to 266 jobs here in Connecticut. Its relocation is expected to begin in the second quarter of 2017 to a location in Stamford that has yet to be determined. Jens-Martin Schwaerzler, President of Henkle Consumer good Inc. North America, comments on the appealing economic opportunities in Connecticut.

The expansion of our operations and footprint in Connecticut is a testament to this partnership and to the great economic climate, making it attractive to any growing business.”

As part of its relocation, the company will be the latest to participate in Connecticut’s First Five Plus program operated under the Connecticut department of Economic and Community Development which will award a 10-year $20 million loan in support of the project. This financial assistance will be used for renovations and leasehold improvements, fixtures, equipment, as well as any other project expenses. Governor Malloy expresses his excitement for this new development.

When an international company of Henkel’s stature decides to relocate to our state, expand its operations, and create hundreds of new jobs, it sends a message to the rest of the world that Connecticut is serious about working with companies to grow, generate capital investment, and strengthen our economy for the residents of our state”

As part of the project, Henkel is committed to retaining the combined jobs from its former Sun Products facilities that were recently gained early 2016, as well as its North American headquarters and Adhesive Technologies General Industries division in Rocky Hill