After exploring a number of options, building products manufacturer Johns Manville (JM) has signed a new 12-year lease for its world headquarters in the JM Plaza building at 717 17th Street in downtown Denver, beginning January 2013.
The decision to remain at JM Plaza involved a thorough evaluation of the economics and employee and business logistics of several locations, including alternate sites downtown and in the Denver Technical Center.
“There were several excellent choices in the Denver metro area where we could conduct our headquarters operations,” said Mary Rhinehart, JM president and CEO. “However, at the end of the day, our current location provided the greatest benefit across all of the factors we considered.”
In addition to its downtown location, JM has a 325,000 square-foot technical center southwest of Denver. The technical center location will remain in place.
About Johns Manville
Johns Manville, a Berkshire Hathaway company (NYSE: BRK.A, BRK.B), is a leading manufacturer and marketer of premium-quality products for building insulation, mechanical insulation, commercial roofing, and roof insulation, as well as fibers and nonwovens for commercial, industrial and residential applications. JM serves markets that include aerospace, automotive and transportation, air handling, appliance, HVAC, pipe and equipment, filtration, waterproofing, building, flooring, interiors and wind energy. In business since 1858, the Denver-based company has annual sales of approximately $2.5 billion and holds leadership positions in all of the key markets that it serves. JM employs approximately 7,000 people and operates 45 manufacturing facilities in North America, Europe and China. Additional information can be found at www.jm.com.