WAYNE, N.J.—GAF Materials Corp. will move its headquarters to another location in New Jersey after spending more than 40 years in Wayne.
The roofing manufacturer will consolidate its 11-building campus into one building located in Parsippany, about 14 miles from its current headquarters.
“There are a tremendous number of talented, educated and experienced people right here in New Jersey,” President and CEO Bob Tafaro said in a statement. “Whether we're looking for scientists, business people or IT technicians, the talent pool and range of skills available in this state is second to none.”
GAF said it has made a significant investment in upgrading the new building, using its own thermoplastic polyolefin roofing membrane. The refurbished building brings GAF's departments and functions under one roof to foster greater collaboration and teamwork and improve operating efficiency.
Its current headquarters spans a 99-acre campus, compared to a single 330,000-sq.ft. facility that will house all of the firm's applications on three floors.
GAF said it has spent $350 million in capital improvements, including several new manufacturing plants for its commercial roofing products. The firm employs more than 3,000 nationwide, including more than 500 at its headquarters.
GAF produces steep-slope and commercial roofing systems with facilities in Statesboro, Ga.; Mount Vernon, Ind.; Gainesville Texas; and Cedar City, Utah.