SunCoke Energy selects Illinois for future headquarters

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Dec 20, 2010
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SunCoke Energy has selected the Greater Chicago area as the site of its future headquarters, according to the office of Illinois Gov. Pat Quinn.

SunCoke Energy, a division of Sunoco Inc., planned to spinoff from Sunoco the first half of next year. SunCoke produces metallurgical coke to steelmakers such as AK Steel Corp., with which it has a 20-year supply agreement once construction of its Middletown Coke Co. is complete.

SunCoke now is based in Knoxville, Tenn. It is investing $6.6 million to relocate its corporate headquarters from Knoxville to Arboretum Lakes in Lisle, according to Quinn’s office. Illinois is providing a $4.8 million business investment package to support the project that creates 105 new jobs, according to Quinn’s office.

SunCoke also has a manufacturing facility in Granite City, Ill.

Today’s announcement comes less than a month after SunCoke put out an update that its separation from Sunoco might be extended because of outstanding litigation with ArcelorMittal about coke pricing, according to SunCoke.

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