The company has 475 employees at its headquarters, which has been located in Greenwich since 1979. The company intends to add 25 jobs at the headquarters over the next three years.
The company will lease 164,301sqft of space, which is an increase of approximately 24 per cent from its current headquarters in Greenwich. The building is owned by Oracle.
The company said that the decision to move was made based on different reasons, including favorable economics, an open floor plan design permitting increased employee collaboration, cafe amenities, access to public transportation, and a shorter commute for most of the company's headquarters employees, of which 70 per cent live in Connecticut. The Stamford facility is less than 12 miles from the company's current location.
Kim Jeffery, president and CEO of Nestle Waters North America, said: "We are excited to remain a Connecticut-based company. Our new home in Stamford will support the collegial atmosphere we encourage among our employees."
The company plans to renovate the Stamford location to meet the US Green Building Council's Leadership in Energy and Environmental Design (LEED) standards for green buildings. Currently, the company has nine facilities built to LEED certification.