A Fair Lawn company announced Wednesday it is growing its U.S. headquarters with a $20 million, 100,000-square-foot facility in the borough.
Sandvik Inc., the American subsidiary of high-tech industrial and engineering group Sandvik AB, said in a news release it will celebrate the grand opening of its new headquarters July 1. The facility will include modern office space, meeting facilities and a state of the art productivity center and aerospace application center.
Sandvik Inc. has had a presence in Fair Lawn since the mid-1950s, the release said, and this new headquarters was built on a portion of the original building’s footprint.
"As one of the original property owners in this area, we took this as an opportunity to redevelop our corporate home in New Jersey and recycle many elements of our original footprint," Rick Askin, President of Sandvik, Inc., said in a statement. "Investing more than $20 million in our state-of-the-art facility demonstrates Sandvik's commitment to New Jersey and our dedication to technology and innovation."
Sandvik said more than 75 percent of the waste generated during construction was diverted from landfills for reuse, recycling or repurposing. In addition, many furnishings and equipment from the previous building were donated to local organizations.
Sandvik, Inc., has about 4,000 employees located in 21 states.
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