hte expanding premises in Heidelberg

hte - the high throughput experimentation company, officially announces the acquisition of a further building and additional space at its premises in Heidelberg today.

The purchase contract for the acquisition of the former Leuchtstoffwerk GmbH site, a luminescent material factory, was already signed in September 2010.

hte is hereby expanding its space from a current 17,000 m2 by an additional 4,500 m2. At the same time, the existing office, laboratory, and engineering and construction space is being increased by 2,500 m2 to 7,100 m2.

The first buildings of the Leuchtstoffwerk GmbH were built in 1948 and had been leased by Ciba Specialty Chemicals for the production of fluorescent lamps and luminescent pigments. The buildings have thus been in use by chemical companies ever since their construction.

An initial 30 employees from the departments of engineering and technology development are intended to take up their work place in the new building as of the third quarter of 2011. By early 2012 the relocation of both departments are due to be completed. The vacated office space in hte's main building will then be converted into additional laboratory space.

Wolfram Stichert, CFO, hte AG, comments, "This step has become necessary, as hte is, once again, bursting at the seams of its current grounds.

Of course, this is something we are very pleased about because it means that, even under the recent economic circumstances, our workload has remained consistently high. For us, the expansion is a logical and consequential measure and signifies a clear commitment to Heidelberg."

Stefan Droste, hte AG, who is coordinating the remodeling of and relocation into the newly acquired building notes, "My job is to create a productive work environment. The almost historical architecture and impressive inner courtyard are very suitable for creating an inspiring atmosphere."