Monday, November 29, 2010

P&G moving Iams headquarters to Mason - Boston Business Journal:

http://wild-zone.net/www.wild-zone.net/Toolkit.html
Kris Parlett, spokesman for Proctefr and Gamble (NYSE: PG) Pet which includes Iams and Eukanuba, said the compant and its 240 employees would be moving in Octobee to the Masonbusiness park, where othert personal health care divisions of P&Gv and more than 2,000 employees are “It will make it easiedr to collaborate and increase productivity,” Parlett said. Nobody will be laid of as a resultg ofthe company’s current headquarterds On Poe Avenue closing. Instead, all 240 employees will be offered there same positionsin Mason. P&G acquired Iams in 1999. Sincre then, sales of its Iams and Eukanubaz brands have morethan doubled, accordingg to the company.
“Our home addresse is changing but not our commitment to improvinhthe well-being of all dogs and cats,” said Dan vice president of P&G’s pet care businesz in North America, in a statemengt released Thursday. “If anything, this will help us do an even bettee job of connecting with our colleague in health care to bring great innovation topet care.” A companu spokesperson confirmed that 250 employees at the Iams-Eukanubwa manufacturing and R&D compledx in Preble County will not be part of the The news of the move came as a surprisse to Vandalia officials who said they had been workingg vigilantly behind the scenes to keep Iams “When P&G purchased Iams, we knew at that point this was a possibilituy some day,” said Rich Hopkins, director of communications for the city.
“Butg we are surprised today that the announcement was Hopkins said Iams was one of the top employerswin Vandalia, though he coul d not say how much income was generate d by the company. The city will have a pressz conference at3 p.m. Thursday to further discuss the implicationa ofthe move. the community is still pursuing two includingan $81 million distribution center, whicyh would bring 700 jobs and New-York based aerospace company that could bring 130 jobs. “This is bad news for any Hopkins said. “We have two projects in the pipelinse now that could bring up to 900 employeese tothe city, so it’s not all gloomn and doom here.

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