MECHANICVILLE Local politicians have invited Momentive Performance Materials to move its corporate headquarters to Mechanicville amid speculation that the company might be looking for new quarters for its managers.
Momentive currently employs approximately 25 upper management and staff in Wilton, Conn., about 35 miles west of New Haven, according to company spokeswoman Diana Sousa.
Sousa would not say if Momentive has any plans to move its headquarters.
“We definitely have no announcement to make about a move today,” she said Monday.
Assemblyman Roy McDonald, R-Saratoga, sent a letter to the company late last month that was also signed by Mayor Anthony Sylvester and County Supervisor Tom Richardson.
In it, officials made the case for Mechanicville as a convenient city in a county with strong economic development and low taxes.
“If Momentive is thinking about moving, we certainly want to be in the front page of them considering us,” Richardson said. “I have no idea what the chances are, but if you don’t ask you’ll never know.”
Momentive is the world’s second-largest producer of silicones and silicone derivatives. The company purchased a factory in Waterford from General Electric in 2006 that employs about 1,000 people.
“We’re only a couple miles away from their plant,” Richardson said. “Saratoga County is economically viable for just about anybody these days.”
The letter claimed that Momentive would have a positive impact on the city and that officials would “certainly help to make any transitions as convenient as possible.”
“Mechanicville is aggressively trying to turn around their community into a positive, modern city using its quaintness and history,” McDonald said.
The city is in a good spot because it is close to the Luther Forest Technology Campus in Malta and Stillwater where Advanced Micro Devices may build a $3.2 billion computer chip factory, McDonald added.
“I think Mechanicville is the natural downtown for the technology park,” he said. “It’s going to be a great location and it’s going to surprise a lot of people.”
Officials suggested several possible sites for a Momentive office building, including the old elementary school on Main Street and the light industrial park near the rail yard.
“That’s exactly what I’m looking for,” said John Takacs, the owner of the old school property. “I think it’s great. I wish we could all work together a little bit better on this.”
This is not the first time local politicians have tried to help bring tenants to the old school building.
In 2004, a team of county officials, including McDonald, offered grant money to a local police academy if it moved to the old school.
The Zone Five Regional Law Enforcement Training Center instead decided to move into a former trade hall in Schenectady.
“We can sit around and do nothing or we can be proactive and try to bring more and more people to Mechanicville,” Richardson said. “That’s why we put this letter together.”
Richardson said Sylvester, who is an employee at Momentive, suggested that officials write the letter after Sylvester heard that a move might be possible.
Sylvester was recovering from minor surgery Monday and could not be reached for comment.
Momentive has about 5,000 employees worldwide and posted revenues of $2.5 billion in 2006, according to its Web site.