The new headquarters will eliminate travel between offices and decrease the company’s carbon footprint. Corporate administrative and operating costs will also be reduced.
The corporate office move will involve a reduction of 12 to 15 positions due to elimination of redundant functions and inability of some staff to relocate. However, some new positions will be created in Lebanon, and Rome staffing will be unaffected.
“The move will provide three things: it will make our production process scale-up easier, provide operating efficiencies, and lower costs”, said Bruce Jamerson, chairman and chief executive officer of Mascoma. “I am also looking forward to spending more time with our scientific staff as our technology migrates from the lab into production.”
“The move to Lebanon is good news for us,” said Jim Flatt, Mascoma’s executive vice president of R&D and operations. “Bringing in engineering and development functions will allow us to more easily share ideas and promote a culture of creativity and innovation.”
