Tradeline, Inc. filters and categorizes new-construction and industry news from regional and professional journals across the country. Here you will find new projects, products, and regulatory updates.
Industry News
Electroglas Relocates Manufacturing to Singapore
Electroglas, maker of high-tech equipment, is relocating its wafer-prober manufacturing operations from San Jose, Calif., to Singapore. Wafer probers, used in silicon wafer manufacturing for computer chips, are slated to be produced at the Singapore plant beginning in mid-2002; all released probers will reach full production by mid-2003.
Boston University Completes Dorms and Plans New Arena
Boston University has completed an $80-million twin dormitory tower project, containing 20 and 17 stories respectively. General contractor for the facilities was Walsh Brothers Construction, who is currently performing pre-construction work on an additional $200-million, 6,000-seat hockey arena for the University.
Network Associates Builds Plano Office Building
Network Associates is building a new 170,000-sf office building on a 15-acre parcel at Legacy Corporate Park in Plano. Carr Development, an affiliate of Carr America Realty based in Washington, D.C., will develop the three-story building for the network security company. Architect for the project is Good Fulton Farrell, with interior design by Gensler & Associates. Completion of construction is expected at the end of 2002.
GlaxoSmithKline Will Occupy New Gulph Mills Office Building
GlaxoSmithKline (GSK) plans to move 800 employees into a new five-story building under construction at the Renaissance Corporate Center, a 250-acre office park in Gulph Mills. Liberty Property Trust is building the $40-million, 200,000-sf build-to-suit, which is located across the street from the company’s other research and office operations. GSK is also considering expansion at its Upper Merion, Penn., location.
Wyeth-Lederle Expands Sanford Facilities
Wyeth-Lederle, a subsidiary of Madison, N.J.-based American Home Products, completed a 40,000-sf addition to its Sanford facility in 2001 and has embarked on an additional 115,000-sf expansion. The $125-million project will increase employment from 540 to 800 workers, making Wyeth-Lederle the fourth-largest North Carolina biotech employer. The 345,000-sf facility will include manufacturing and R&D space. Wyeth-Lederle currently owns 215 acres in Sanford.