MANATEE -- Intertape Polymer Corp. is moving from its long-time Bradenton home to Sarasota, officials said Friday.
Next month, the company will move from 3647 Cortez Road W., where its U.S. headquarters have been located for 16 years, to a new home at 100 Paramount Drive, Sarasota, confirmed Pierre Boucher, a spokesman for the company based in Bradenton and Montreal, Quebec.
"The building was the right fit for what they wanted," said Lori Hellstrom, director of leasing for Osprey Real Estate Services, in Sarasota.
About 115 employees will be affected, she said.
The company wanted to be near Interstate 75 for easy access, Hellstrom noted.
She worked with Intertape officials for about eight months before they found what they wanted: 28,490 square feet on a single floor in a building at the Osprey Commerce Center.
At the company's request, the name of its street has been changed from "Arthur Andersen Parkway" to "Paramount Drive," Hellstrom said.
"Many of our other prospects also requested it be changed," she added. The original name referred to the now-defunct company caught up in the Enron scandal.
Manatee County officials said they tried to help the company find something suitable to keep it here, but were unable to meet its very specific requirements.
"It was a building issue, they wanted to consolidate and expand, they were looking for something the size they needed, in proximity to I-75," said Cheri Coryea, Manatee County's director of neighborhood services, who supervises the county's economic development program.
"Luckily, they're not going too far away," Coryea said Friday. "We just didn't
have access to a building to meet their proximity and size needs.
"Hopefully, all the people from Manatee County who work there can transition a little farther," she said.
Intertape manufactures a variety of film-based pressure sensitive and water-adhesive tapes, films, fabrics and packaging systems.
It boasts a worldwide workforce of about 1,800, said Boucher.
Sara Kennedy, Herald reporter, can be reached at 941-745-7031. Follow her on Twitter @sarawrites.