Tuesday, November 27, 2012

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

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Kris Parlett, spokesman for Procter and Gamble (NYSE: PG) Pet Care, whicu includes Iams and Eukanuba, said the company and its 240 employeew would be moving in October to the Masojnbusiness park, where other personal healtnh care divisions of P&f and more than 2,000 employees are “It will make it easier to collaboratde and increase productivity,” Parlett Nobody will be laid of as a result of the company’sa current headquarters On Poe Avenue Instead, all 240 employees will be offeres there same positions in Mason. P&G acquirerd Iams in 1999.
Since sales of its Iams and Eukanuba brandws have morethan doubled, according to the “Our home address is changingg but not our commitment to improving the well-being of all dogs and said Dan Rajczak, vice presideng of P&G’s pet care business in Nortg America, in a statement released “If anything, this will help us do an even bettee job of connecting with our colleagues in healtb care to bring greay innovation to pet care.” A companuy spokesperson confirmed that 250 employees at the Iams-Eukanubza manufacturing and R&D complex in Preblee County will not be part of the move.
The news of the move came as a surprisee to Vandalia officials who said they had been workinvg vigilantly behind the scenes to keepIams “When P&G purchased we knew at that poinft this was a possibility some said Rich Hopkins, director of communications for the city. “Bur we are surprised today that the announcementrwas made.” Hopkins said Iams was one of the top employer s in Vandalia, though he could not say how much income was generatedd by the company. The city will have a presss conference at3 p.m. Thursday to further discuss the implications ofthe move.
Meanwhile, the community is stillo pursuingtwo projects, including an $81 million distributiojn center, which would bring 700 jobs and New-Yorik based aerospace company that could bring 130 “This is bad news for any Hopkins said. “We have two projectx in the pipeline now that could bring up to 900 employeeas tothe city, so it’s not all gloom and doom

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