03.10.2014 Williams Mullen Helps Evonik Corporation Establish $15 Million Research Center in Chesterfield County

The Williams Mullen Economic Development team recently assisted Evonik Corporation, a creative industrial group, in the acquisition of a facility to be used as the site of a Business and Innovation Center. The Germany-based company will be investing $15 million in developing the new research facility, creating 50 new jobs in Chesterfield County.  The real estate transaction was led by Jonathan Frank, with assistance from Ryan Kenrick, and Pat Gottschalk handled the negotiation of a State and Local incentives package.
Evonik is one of the world leaders in specialty chemicals. Profitable growth and a sustained increase in the value of the company form the heart of Evonik’s corporate strategy. Its activities focus on the key megatrends in health, nutrition, resource efficiency and globalization. Evonik benefits specifically from its innovative prowess and integrated technology platforms.

A press release from the Governor’s office is available here, and the Evonik press release is available here.