Australian-based energy efficiency company, Ecosave, has selected Philadelphia for the location of its U.S. headquarters and first location in North America.
Working with Select Greater Philadelphia (Select), the Pennsylvania Department of Community and Economic Development’s Office of International Business Development, PIDC, and the City of Philadelphia, Ecosave has set up operations at The Navy Yard, investing more than $10 million at the site. The project is estimated to create 125 new jobs.
In 2010, the company contacted Pennsylvania’s investment representative in Sydney and began looking to expand into the U.S. market. In June 2013, Ecosave purchased an engineering company in Bristol, Pennsylvania and will soon be moving from that site into the new space.