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SunCoke Energy Chooses Chicago for New HQ

09/24/2010
SunCoke Energy will relocate its headquarters from Knoxville, Tennessee, to suburban Chicago. The city's hub for international air travel was a strong factor in the decision. SunCoke, a subsidiary of Sunoco, is taking steps to become an independent entity.

"All of the final candidate locations, including suburban Chicago, have the resources and infrastructure to fully support our next phase of growth. As we expand our operations overseas, it is important for us to have quick access to a large international airport with flights to every corner of the world. Our customers have global needs, and we must be able to provide worldwide service efficiently. Additionally, a move will position us much closer to our operations and major customers," said Frederick A. Henderson, who will serve as chairman and CEO of SunCoke upon its separation from Sunoco. "The decision to relocate the company is in no way a reflection on Knoxville, which has been a great city for SunCoke. We appreciate the city's support and partnership, but the demands of our business require us to relocate."

SunCoke will create 30 jobs when it formally splits from Sunoco.

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