ICG Commerce moves its HQ

Procurement specialist ICG Commerce announced today that it has relocated its corporate headquarters and North American operations center to a larger, 55,000-square-foot facility in King of Prussia.

Closely held ICG Commerce, which is partnered with Wayne-based venture-capital firm Internet Capital Group, said the new digs, in a former industrial warehouse at 211 S. Gulph Rd. that has 30-foot ceilings, will enhance its double-digit, year-over-year growth and will accommodate plans for future expansion.

The new facility, which is close to the previous site, will house its North American Center of Excellence, which includes 300 sourcing and procurement staff.