Saturday, January 16, 2010

Is American Greetings on the move?

Word out of New York indicates that the chiefs at American Greetings are considering moving the company's global headquarters out of Brooklyn, Ohio, where it is the area's largest employer:
American Greetings cites Brooklyn's increase of payroll tax by 25% to 2.5% But Mayor Richard Balbier wonders if there's more too it.

Balbier tells WTAM that he wonders how Brooklyn would survive the loss of another 2,000 jobs.
So if they pull up stakes, where to next?

2 comments:

Janet Cho said...

Hello, Jess,
American Greetings Corp. is based in Brooklyn, Ohio, not Brooklyn, N.Y.
Here's the link to my original story in The Plain Dealer: http://www.cleveland.com/business/index.ssf/2010/01/american_greetings_may_pull_it.html
Janet Cho

Jess said...

Thanks, Janet! I clarified the post.