Lotte, Germany, 06 February 2020 – Resideo Technologies Inc. (NYSE: REZI), a global provider of home comfort and security solutions, today announced that it is starting the construction of a new leading-edge technical center in Lotte.
The move highlights Resideo’s commitment to the district, and the new technical center will be home to existing Lotte-based employees who specialise in the measuring and testing of safety devices for global boiler manufacturers.
To mark the start of the construction Resideo colleagues organised a traditional Spatenstich ceremony; inviting the local architects and construction company to join them in throwing the first shovel of sand together.
Commenting on the new build and ceremony, Mario Moura, Products & Solutions managing director EMEA, said: “This is an exciting time for Resideo in Lotte. Investing in our new center builds on our relationship with the district and demonstrates our support for the local economy. It was important for us to respect the Spatenstich tradition. My focus is on ensuring that we think and act locally in all the European countries we operate in to meet the current, and future, products and solutions needs of our customers.”
Christian Engelmeyer, Lotte software development team leader, added: “After a lot of preparation and planning, I am really pleased that the construction work is now starting. The new technical center is not only a sign of Resideo’s commitment to our location, but also to our global customer base. I am looking forward to working in our new building and showing our improved capabilities - and possibilities - to our customers.”
Resideo is a leading global provider of critical comfort and security solutions primarily in residential environments and distributor of low-voltage electronic and security products. Building on a 130-year heritage, Resideo has a presence in more than 150 million homes, with 15 million systems installed in homes each year. We continue to serve more than 110,000 professionals through leading distributors, including our ADI Global Distribution business, which exports to more than 100 countries from more than 200 stocking locations around the world. Resideo is a $4.8 billion company with approximately 13,000 global employees. For more information about Resideo, please visit www.resideo.com.
SOURCE Resideo Technologies, Inc.