Schneider Electric opens new Global R&D Center
ANDOVER, Mass.—Schneider Electric, a global specialist in energy management, on Sept. 10 announced the grand opening of its new North American research and development center here.
Called “The Boston One Campus”, it will also serve as the company’s new North America headquarters and is built to house approximately 750 employees across all disciplines of Schneider Electric’s business segments.
Laurent Vernerey, president and CEO of Schneider Electric’s North America Operations, will relocate to the new headquarters as part of the company’s mission to drive innovation and efficiency in North America.
The Boston One Campus incorporates approximately $8 million of Schneider Electric’s own products and solutions and is expected to achieve about a 30 percent operating cost reduction in its first year. The facility is U.S. Green Building Council LEED Silver certified and leverages Schneider Electric’s SmartStruxure solution —a fully integrated building management system that includes intelligent IP security management systems from Pelco by Schneider Electric.