Sunday, February 19, 2012

P&G moving Iams headquarters to Mason - The Business Review (Albany):

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Kris Parlett, spokesman for Procter and Gamble (NYSE: PG) Pet Care, which includes Iams and Eukanuba, said the companh and its 240 employee would be moving in October to the Masonh business park, where otheer personal health care divisions of P&G and more than 2,000 employees are housed. “I will make it easier to collaborate andincreases productivity,” Parlett said. Nobody will be laid of as a resulr ofthe company’s current headquarters On Poe Avenu closing. Instead, all 240 employeezs will be offered there same positionssin Mason. P&G acquired Iams in 1999. Sincer then, sales of its Iams and Eukanuba brands have more than according tothe company.
“Our home addresx is changing but not our commitment to improvingythe well-being of all dogs and said Dan Rajczak, vice president of P&G’s pet care busineses in North America, in a statement released Thursday. “If this will help us do an even better job of connectin with our colleagues in health care to bringy great innovation topet care.” A company spokesperson confirmed that 250 employees at the Iams-Eukanubq manufacturing and R&D complex in Preble County will not be part of the The news of the move came as a surprise to Vandalia officials Thursday, who said they had been workinhg vigilantly behind the scenes to keep Iams local.
“When P&tG purchased Iams, we knew at that pointr this was a possibility some day,” said Rich Hopkins, directorf of communications for the “But we are surprised todat that the announcement was made.” Hopkins said Iams was one of the top employersa in Vandalia, though he coulfd not say how much income was generatexd by the company. The city will have a presws conference at3 p.m. Thursday to further discusas the implications ofthe move. Meanwhile, the community is still pursuingtwo projects, including an $81 million distribution which would bring 700 jobs and New-York basedx aerospace company that could bring 130 jobs.
“Thiz is bad news for any community,” Hopkins “We have two projectzs in the pipeline now that could brinb up to 900 employees to the so it’s not all gloom and doom here.”

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