Exxon Mobil, the largest U.S. energy company, is closing large research facilities in New Jersey and Canada in a corporate consolidation and $15 billion cost-cutting drive at a time when outdated U.S. suburban office campuses are targeted for such new uses as last-mile distribution centers or housing.
Exxon Mobil Is Closing Two Research Facilities in New Jersey and Ontario, Canada
Move Is Part of Energy Giant’s Consolidation, Cost-Cutting As Oil Industry Suffers
By Linda Moss
CoStar News
May 8, 2024 | 11:11 P.M.
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IN THIS ARTICLE
- Properties
- Nature 4
22777 Springwoods Village Pky, Spring, TX
- Exxon R&D Center
1545 Route 22, Annandale, NJ
- The Reserve
5959 Las Colinas Blvd, Irving, TX
- Companies
- ExxonMobil
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