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| Economy | |
| Office Depot picks Florida over Illinois for new headquarters | |
| 2013-12-11 | |
| [reliably Democrat Chicago, aka The Windy City or Mobtown ... home of Al Capone, a succession of Daleys, Barak Obama, and Rahm Emmanuel,... Tribune] Office Depot said Tuesday it has chosen Boca Raton, Fla. for its new headquarters over Naperville.
The companies asked for tax breaks from both states. Illinois politicians adjourned last week before making a decision. Last month, the company named Roland Smith, the former head of the U.S. unit of supermarkets operator Delhaize Group, as its new CEO, hoping to tap into his turnaround and integration background. The company said the evaluation of its headquarters selection was based on operation and employee costs, lease obligations, tax implications and government incentives and ability for expansion. Office Depot said it will offer jobs to Naperville workers at its Boca Raton location, but it didn't say how many. The former OfficeMax has more than 2,000 corporate employees in Illinois -- 1,600 of which are in Naperville. The rest of the nonretail workforce is spread over three other locations: its Itasca distribution center and customer service centers in Ottawa and Peru. It said its current Florida headquarters has "ample space to accommodate associates who will relocate from Illinois." The company also didn't provide a timeline for transition. Together, the two companies had sales of $17 billion in the year that ended in September and have about 66,000 employees. | |
| Posted by:Fred |
| #7 in a related big dollar news, yesterday was the deadline for any state that wanted to give 'stuff' to Boeing in return for moving the 777x production there ( out of Puget Sound), and it sounds like the offers were not a fat as Boeing wanted so they went back to the union to restart contract extension talks ( a lot of airlines are still pissed over the 787 debacle and told BCAC not to phuck it up again) most of the states publicly identified were RTW states. |
| Posted by: USN, Ret. 2013-12-11 17:57 |
| #6 I beleave Florida is also a right-to-work state. I don't think I need to tell you the status of Illinois in that regard. |
| Posted by: CrazyFool 2013-12-11 08:42 |
| #5 I hate to see my hometown lose. A generous raising of property taxes, a modest increase in commuter parking at O'Hare, and an increase in the tolls on I-90 should make up the loss revenue in no time. |
| Posted by: Besoeker 2013-12-11 08:13 |
| #4 could not happen to a better bastion of left wing thuggery....the company could not wait for the liberal fat cats to make up their mind next year |
| Posted by: dan 2013-12-11 08:04 |
| #3 Although I am also against tax breaks, I hate to see my hometown lose. |
| Posted by: Spot 2013-12-11 07:57 |
| #2 Not to mention the savings to exec salaries as Florida has no income tax. |
| Posted by: Procopius2k 2013-12-11 07:23 |
| #1 The companies asked for tax breaks from both states. Illinois politicians adjourned last week before making a decision. You snooze, you lose. Think of the money saved in snow removal alone. |
| Posted by: Besoeker 2013-12-11 01:00 |