Drew Marine to Create New Innovation Center in Waterbury

Posted by WORX on May 21, 2020 3:00:00 PM

Topics: Client Partner Successes

WORX client partner Drew Marine, a global leader in specialty chemicals and technical services to the maritime industry, has announced its plans for a new center of excellence in Waterbury, CT. The Drew Marine Global Innovation and Manufacturing Center will include a state-of-the-art research laboratory, as well as technical, quality assurance, pilot blending and full-scale manufacturing functions – bringing an estimated 50 new jobs to the area. Drew also plans to use this facility as a main distribution hub for its operations in North America.

“This location will not just be the hub of our North American supply chain, it will also be the central component for our innovation plans,” said Don Cullen, Drew Marine Senior Vice President, Innovation. “We envision a need for industrial chemists, PhDs, laboratory technicians and other highly-skilled professionals – and the Naugatuck Valley region offers the talent pool we’re looking for to fill many of these important roles.”

Drew Marine Chief Executive Officer Frank Monteiro led a behind-the-scenes look at the renovation of the 100,000 square foot facility for local business leaders and the press, adding, “Our project has been in the works since December 2019, and Drew Marine wants to be a part of the Mayor’s plan to help move Waterbury forward.”

Drew Marine is backed by private equity firm Court Square Capital Partners, who purchased the company in June 2019. Court Square focuses on U.S.-based middle market companies in the business services, healthcare, industrial, technology and telecommunications sectors – and maintains an investment portfolio in excess of $3 billion.

Drew Marine branding, digital and marketing by WORX.

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