Date: June 21, 2016
Source: Veolia North America
French conglomerate Veolia is moving its North American headquarters from Chicago to Boston. The company's North American subsidiary employs about 7,900 people in the management and development of energy, water and hazardous and industrial waste solutions. The company's move follows the February promotion of Boston executive Bill DiCroce to CEO. He said he expects to add 50 jobs over the next several years to the roughly 280 already in and around Boston. "We believe that Massachusetts and the Greater Boston area, with its commitment to sustainability and growing a knowledge-based, innovation-driven economy, is a perfect fit with Veolia's mission of 'Resourcing the world'," said DiCroce.
PRESS RELEASE
June 21, 2016
Veolia North America Moving Headquarters to Boston
BOSTON - Veolia, the global leader in environmental solutions and optimized resource management, today announced that it is moving its North American zone headquarters to Boston.
With approximately 7,900 North American employees - including 280 in the Boston/Cambridge area and a total of more than 700 in Massachusetts, Veolia North America provides water, energy, waste and resource recovery solutions to more than 530 cities and 30,000 businesses. The company's new corporate headquarters will be located at Veolia's downtown Boston offices. Approximately 50 jobs will relocate to the Boston area over the next five years.
"We believe that Massachusetts and the Greater Boston area, with its commitment to sustainability and growing a knowledge-based, innovation-driven economy, is a perfect fit with Veolia's mission of 'Resourcing the world'," said Veolia North America CEO William J. "Bill" DiCroce. "The region is an exceptional hub for talent, innovation and creativity, and it has a rock-solid commitment to sustainability. These qualities mirror the future we envision for Veolia as we develop new ways to meet today's environmental challenges."
DiCroce was recently named the new president and CEO of Veolia North America. He previously served as president and chief operating officer of Veolia North America's Municipal and Commercial business and has led Veolia's energy business in North America since 2013.
"Our administration is proud to welcome Veolia North America and their pioneering, creative, and diverse workforce to Massachusetts," said Governor Charlie Baker. "The Commonwealth's innovative economy, top universities and leadership in addressing environmental and energy challenges make it the type of place a global company like Veolia can flourish."
Veolia has deep roots in Massachusetts and the Boston area in particular, providing thermal energy to the central business district of Boston, the Longwood Medical Area, and the biotechnology corridor of Cambridge.
"Veolia's decision to move its North American headquarters to downtown Boston is another signal that Boston is a thriving place to live, work and grow a dynamic business," said Boston Mayor Martin J. Walsh. "We're excited Veolia has chosen Boston, and we look forward to welcoming the company's senior executive team and partnering with them to boost our city's knowledge base in clean energy and environmental solutions."
The company also operates and maintains public water systems in partnership with many of the Commonwealth's municipalities, including Gloucester, Lynn and Leominster -- servicing more than 650,000 residents. Protecting the environment and recovery valuable resources, Veolia delivers customized waste and resource recovery solutions to local biotech, pharma, high tech, health care and academia markets. In addition to its downtown Boston offices, Veolia maintains operations in Cambridge, Charlestown, Marlborough and West Bridgewater.
During 2016, personnel currently based in Veolia's downtown Chicago headquarters who do not move to Boston will transition to the company's Lombard, Illinois offices.
More about Veolia in the Boston area
Veolia's district energy networks serve the critical energy requirements of approximately 250 commercial, health care, government, institutional and hospitality customers occupying 45 million square feet of building space within the central business district of Boston, the Longwood Medical Area, and the biotechnology corridor of Cambridge. In Cambridge, Veolia operates the Kendall Station combined heat and power (CHP) plant as well as a cogeneration plant on behalf of a major biotechnology company. In the Longwood Medical Area, Veolia operates and has an ownership stake in the Medical Area Total Energy Plant facility, supplying heat, cooling and electrical power to local hospitals.
Veolia offers a full array of services in New England to manage hazardous and regulated waste, including disposal services for bio waste, low-level radioactive, reactives, and hazardous materials. Our recently opened, West Bridgewater facility processes an estimated 15.5 million pounds of lighting and electronic waste annually from commercial and industrial facilities in the region; recycling nearly 10.5 million lamps and reclaiming over 155 pounds of elemental mercury annually.
More than 650,000 commonwealth residents received water and wastewater services through public-private partnerships with Veolia. Veolia efficiently manages water and wastewater infrastructure to help communities stabilize rates and meet environmental requirements.
Veolia group is the global leader in optimized resource management. With over 174,000 employees worldwide, the Group designs and provides water, waste and energy management solutions that contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them. In 2014, the group Veolia supplied 96 million people with drinking water and 60 million people with wastewater service, produced 52 million megawatt hours of energy and converted 31 million metric tons of waste into new materials and energy. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of $30.3 billion in 2015. www.veolia.com
For more information, contact:
Karole Colangelo
tel: 312 552 2820
karole.colangelo@veolia.com.
Sign up to receive our free Weekly News Bulletin