Mayor Michael A. Nutter announced that Lux Products Corporation, an innovative HVAC controls company formerly based in New Jersey, has relocated its headquarters to the Philadelphia Navy Yard. The company’s employees settled into their new Philadelphia location as of April 1st.
“Lux Products joins the increasing number of companies choosing to start, stay and grow in Philadelphia and we could not be more excited to welcome their team to our city,” said Mayor Nutter. “With our unemployment rate back to pre-recession levels and more jobs created in the city last year than any time since 2000, Philadelphia’s economy is on the rise.”
Lux is a privately held company based in the U.S. with a sales, marketing, logistics, customer service and technical support center in Philadelphia, PA and distribution center in Laredo, Texas. Lux is the second largest retail brand of thermostats, having sold more than 10 million thermostats, and regularly winning a “Best Buy” rating from well-regarded consumer magazines.
“The Navy Yard is an exciting blend of past, present and future,” notes Rob Munin, newly appointed President of Lux Products. “For Lux it is the perfect location for us to plant our flag and look forward; the Navy Yard campus mirrors our own commitment to smart energy innovation and sustainability, we’re very excited for what this means for our brands and our customers.”
The Philadelphia Navy Yard is home to a growing number of companies with approximately 11,000 people now working at the former military base. The Navy Yard offers a unique urban location mixed with historic buildings and modern architecture, renovated and built for today’s high performance technologies and LEED® certifications all along Philadelphia’s waterfront.
“The Navy Yard is the perfect place for Lux Products’ new headquarters,” said John Grady, President of PIDC, which manages the Navy Yard. “We are delighted to welcome them to Philadelphia. By relocating to The Navy Yard, Lux Products joins the many sustainability focused companies on the campus and gains the space to continue to innovate and grow.”
According to the latest preliminary employment information released by the Bureau of Labor Statistics for February 2015, there are more jobs in Philadelphia than for any February since 2001. In addition, Philadelphia added more jobs last year than any year since 2000.
“In the last few months we have welcomed HOK, Hill International, Integrichain, American Bible Society, and now Lux Products to Philadelphia,” said Alan Greenberger, Deputy Mayor for Economic Development. “These decisions and investments are a vote of confidence in our city and a signal to the marketplace that Philadelphia is a great choice for companies looking to grow, attract talent, and be part of a dynamic, innovative economy. I want to thank all of our partners for their continued efforts to create jobs and bring new companies to Philadelphia.”