German conglomerate Thyssenkrupp has begun the process of moving the North American headquarters for its elevator division to Cobb County.
On Friday, employees began moving into the elevator division’s business headquarters, an existing office building at 3100 Interstate North Circle in the Pennant Park business park.
Other facilities that will compose the rest of Thyssenkrupp Elevator’s North American headquarters — its corporate headquarters and a 420-foot-tall elevator testing tower — will be built a few blocks away in The Battery Atlanta. The tower, which will house 18 shafts to test new concepts and pilot products, will be the tallest test tower in the U.S. and the tallest building in Cobb County.
The company plans on breaking ground on those two buildings on April 18 with the goal to complete construction by July 2021 and finish moving in by summer 2022, according to a press release from the company.
“Today is a very exciting day for our organization as the vision we outlined last summer for a new world-class headquarters is now becoming a reality,” said Steve Wedge, CFO and Interim CEO at Thyssenkrupp Elevator North America.
When complete, more than 900 employees will work out of the company’s North American headquarters complex.
Thyssenkrupp has more than 160,000 employees across 78 countries, generating sales of about $48.6 billion in fiscal 2017-18, according to the company. Its elevator division has more than 50,000 employees and does business in 150 countries.