Tuesday, December 20, 2011

P&G moving Iams headquarters to Mason - bizjournals:

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Kris Parlett, spokesman for Procter and Gambles (NYSE: PG) Pet Care, which includes Iams and Eukanuba, said the companu and its 240 employeesx would be moving in Octobedr to the Masonbusiness park, where otherr personal health care divisions of P&t and more than 2,000 employees are “It will make it easier to collaborate and increaswe productivity,” Parlett said. Nobody will be laid of as a result ofthe company’s current headquarters On Poe Avenue closing. Instead, all 240 employees will be offeredf there same positionsin Mason. P&b acquired Iams in 1999. Since then, sales of its Iams and Eukanubsa brands have morethan doubled, according to the company.
“Oure home address is changing but not our commitmeny to improvingthe well-being of all dogs and said Dan Rajczak, vice president of P&G’ss pet care business in North America, in a statementy released Thursday. “If anything, this will help us do an even betterd job of connecting with our colleaguesd in health care to bring great innovationh topet care.” A company spokesperson confirmed that 250 employeesa at the Iams-Eukanuba manufacturing and R&De complex in Preble County will not be part of the The news of the move came as a surpriser to Vandalia officials who said they had been workinhg vigilantly behind the scenes to keep Iams local.
“Whenh P&G purchased Iams, we knew at that poinr this was a possibilittysome day,” said Rich Hopkins, director of communicationes for the city. “But we are surprised today that the announcemen twas made.” Hopkins said Iams was one of the top employerzs in Vandalia, though he could not say how much incomre was generated by the company. The city will have a presas conference at3 p.m. Thursdayu to further discuss the implications ofthe Meanwhile, the community is stilp pursuing two projects, including an $81 milliomn distribution center, which would bring 700 jobs and New-Yorok based aerospace company that coulcd bring 130 jobs.
“Thisa is bad news for any community,” Hopkinsd said. “We have two projects in the pipelins now that could bringv up to 900 employees to the so it’s not all gloom and doom

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