Lux's move to Philadelphia Navy Yard part of area's tech growth

Lux Products Corp., an HVAC controls company formerly based in New Jersey, has relocated its headquarters to the Philadelphia Navy Yard, Philadelphia Mayor Michael Nutter said on Tuesday.

Lux is the second largest retail brand of Thermostats, with more than 10 million in sales. The company currently has 17 employees at the Navy Yard, Lux President Rob Munin said in emailed remarks.

The privately held company also has a distribution center in Laredo, Texas.

Munin said the main reason why the company relocated was to take advantage of the vibrant and growing environment the Navy Yard offers. “It has the feel of a technology campus with the character of old Philadelphia,” Munin said.

The city did not offer the company tax incentives to relocate, Munin said.

The Philadelphia Navy Yard is home to a growing number of companies, with about 11,000 people now working at the former military base.

In the last several months, several companies have relocated operations to Philadelphia, including HOK, Hill International, IntegriChain and the American Bible Society, Alan Greenberger, the city's deputy mayor for economic development, said.

The latest preliminary employment report from the Bureau of Labor Statistics, from February, showed that there were more jobs in Philadelphia that month than for any February since 2001.