Construction Products Company Moving Headquarters From Cambridge To Atlanta The 290K SF Alewife Park in Cambridge
A construction products company is moving its headquarters from its bustling Cambridge neighborhood to the booming Atlanta region.
GCP Applied Technologies, which occupies 290K SF of office and lab space at Alewife Park, on Wednesday announced plans for a new corporate headquarters in the Atlanta area by the end of 2021. The company specializing in cement and concrete technologies sold its 26.5-acre campus for $125M last July to life sciences developer IQHQ.
“[Atlanta] has a diverse professional talent pool, strong market characteristics and its affordability makes it attractive to both employees and employers,” GCP CEO Simon Bates said in a statement.
GCP Applied Tech (GCP) delivered earnings and revenue surprises of -8.33% and 0.00%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
CAMBRIDGE, Mass., Feb. 23, 2021 (GLOBE NEWSWIRE) GCP Applied Technologies Inc. (NYSE:GCP), a leading global provider of construction products technologies, announces today its preliminary results and that it has changed the date of its fourth quarter 2020 earnings release to March 4, 2021 at 6:00 am EST. The change is due to the need for additional time to finalize the financial statements. As part of the management transitions that occurred in 2020, GCP has reviewed its accounting procedures and at this time has identified material weaknesses within certain controls which require revisions to prior period financial statements. The Company does not expect this to have a material impact on the financial statements reported in prior periods. Any expected impacts from the revision are included in the preliminary financial results as reported within. For these reasons, GCP is moving its earnings release of fourth quarter 2020 results from Wednesday, February 24, 2021 to March 4, 2021 at
CAMBRIDGE, Mass., Jan. 22, 2021 (GLOBE NEWSWIRE) GCP Applied Technologies Inc. (NYSE:GCP), a leading global provider of construction products technologies, today announced that it expects to release its fourth quarter 2020 results at 6:00 a.m. ET on Wednesday, February 24, 2021. President and Chief Executive Officer Simon Bates and Chief Financial Officer Craig Merrill will host a conference call to discuss the results later that day at 10:00 a.m. ET. The live webcast may be accessed by visiting the “Events and Presentations” section of the company’s website at investor.gcpat.com. The call may also be accessed by dialing +1 844-887-9408 in the U.S. or +1 (412) 317-9261 internationally. Participants should ask to join the GCP Applied Technologies earnings call. For those unable to listen to the live conference call, a playback will be available until March 03, 2021. To listen to the playback, please dial +1 (877) 344-7529 in the U.S. or +1 (412) 317-0088 internati