What Cities Have Makeup Company Headquarters

W

hen your visitor employs nearly 20,000 people in a single city, it'due south a safety bet that your firm likes the area'due south business concern climate.

Jeff Lyttle, region executive for JP Morgan Chase, says the global financial services firm has institute the business climate information technology prefers in Columbus, Ohio.

"Several factors make Columbus a dandy employment marketplace," says Lyttle. "Information technology is located in the Eastern Time Zone and information technology offers shut proximity to the fiscal markets of New York, Philadelphia, Chicago and Wilmington, Del. There is a terrific work-strength pipeline produced by the 100,000-plus graduate students in the surface area at Ohio State University and 54 other colleges in the region. And the visitor's history in Columbus seals the deal. BankOne was born and raised in Columbus, and BankOne merged with JP Morgan Chase in 2004. There was a lot of physical infrastructure in place hither to serve the merged company."

The fiscal services juggernaut is not alone. More than 300 corporate managing offices call the Columbus surface area home, including 15 Fortune grand companies that base of operations their corporate headquarters in the capital letter region of Ohio.

JP Morgan Hunt is the largest private-sector employer in Columbus, and that is no blow, notes Lyttle.

"Our company has xix,300 employees in the Columbus area," he says. "We take 260,000 people worldwide. Columbus is second just to New York in terms of our employment in a single market place. This goes back to our long history, through BankOne, with Ohio State Academy. We take a very close relationship with OSU. This region is a large employer of financial sector talent and insurance talent. That is very good for our company. Having Nationwide Insurance here, too as other large financial services firms and insurance providers, means that there is an abundance of well-trained talent based in the Columbus expanse."

At 2 million sq. ft., the McCoy Center in Columbus represents JP Morgan Chase's largest facility in the globe in both size and employment. More than than 10,000 company employees report to McCoy each day for work.

"It is the square footage equivalent of the Empire Land Building," says Lyttle. "It is on 200 acres and is four stories tall. It is a quarter-mile end to finish."

Columbus stacks up equally a corporate management destination in several cardinal factors, says John Boyd, site choice consultant and principal of The Boyd Company Inc. in Princeton, North.J.

Saving Capital in the Capital Urban center

"Columbus is a skillful headquarters market for a number of reasons," Boyd says. "Information technology has a very various economy. Information technology has retail, logistics, technology, academics, authorities, and insurance and financial services, and that diverseness gives stability to the local economy. At that place are incentives that are specific to downtown Columbus for locating role projects in the primal concern district. Our clients are looking at this location very closely."

Costs are the crucial differentiator, notes Boyd. "Columbus has a very attractive operating costs contour. It fits the profile of a smaller, less congested metro area in the Midwest."

Of the 20 corporate headquarters cities in Due north America surveyed by Boyd'southward consulting business firm this year, Columbus ranked every bit the second to the lowest degree expensive. Costs were scaled to a proposed, newly constructed 75,000-sq.-ft. head role campus employing 300 workers. Studied costs included all major geographically variable operating costs critical to running a headquarters, including labor, real manor, utilities and taxes.

Milwaukee ranked equally the to the lowest degree expensive of the twenty cities, with full annual operating costs of $23.86 million. Columbus ranked 2nd with costs of $23.90 million. New York, San Francisco and Newark, N.J., ranked every bit the three nigh expensive locations.

"Columbus is simply a 1-60 minutes flight from all of the major financial markets in the U.S. that are east of the Mississippi," says Boyd. "OSU provides a great base for employees, and that gives Columbus-based corporations a competitive edge."

Jamie Richardson, vice president of Columbus-based White Castle, says the national eating place company employs 300 workers at its headquarters. "Columbus has a great quality of life and a cracking capacity in its growth pattern. Information technology has become a magnet for companies looking to put down roots," he says.

White Castle was founded in Wichita in 1921 but chose to move to Columbus in 1934. "What brought usa here are the aforementioned things that go along us here today," Richardson says. "We accept an incredibly loyal group of people that fit nicely with our corporate culture. The piece of work force here is incredibly bright, articulate, artistic and hard-working. That is true of Central Ohio in general and is a big reason why we accept 68 restaurants in Ohio. They are incredibly proficient problem-solvers who have an infrequent ability to communicate and connect."

The family unit-owned company, which specializes in serving fresh, hot hamburgers and cheeseburgers that tin exist consumed in but four bites, has remained a tight-knit operation for 91 years, notes Richardson. "And we are non just restaurants," he adds. "Nosotros besides own and operate three meat plants, ii bakeries, two food-processing plants and two factories where we brand the fixtures and equipment for our restaurants."

Columbus has so many eatery establishments that it could be known as eatery row. Other well-known chains based in the Ohio state upper-case letter include Bob Evans, Cameron Mitchell, Wendy's and Donatos Pizza.

Besting Texas for a Prized Project

By October. xv, 2013, Bob Evans Farms Inc. will motility into its new 175,000-sq.-ft. headquarters in the Columbus suburb of New Albany. Based in the Columbus area since 1968, the restaurant visitor plans to utilize more than 400 workers at its home part by the time of the relocation.

"The first and near important factor behind our selection of New Albany was that it represented the best place for us to be able to attract, develop and retain the all-time work force possible," says Joe Eulberg, executive vice president of human resources for Bob Evans. "Also, the ability to build the right kind of headquarters on the site available was critical. The New Albany package overall was very strong in that regard."

Eulberg adds that Bob Evans besides must consider "the best employ of shareholder dollars. How do we well-nigh responsibly do the right thing from a cost standpoint? That worked out very well for Bob Evans in New Albany."

Eulberg notes that Bob Evans looked at other cities and states, including Texas. "Texas certainly was in the mix for this project," he notes. "But nosotros did non accept a desire to leave Ohio. A long-altitude move would take been more disruptive to our operations. And information technology is better for logistics to remain hither in Cardinal Ohio."

Eulberg praises the Columbus business environment. "The business customs here works together tremendously well," he says. "Information technology is the 15th largest urban center in America and has the major city amenities without a lot of the major metropolis problems. In the eatery business organisation, you always want a stable surroundings in the local economy. From a transportation and distribution standpoint, Columbus is a real leader. Moving product in and out of hither is quite easy, and y'all can reach a lot of the U.S. population directly through hither."

Les Wexner, chairman and CEO of Limited Brands, agrees. The popular women's wearing apparel and accessory retailer has been based in the Columbus surface area since the visitor's founding in 1963. Today, the house employs 6,000 people in the region.

"The urban center has a immature population, and the universities give us an international edge," says Wexner. "We are constantly pushed to stay current. Columbus has the resources to back up the industry, the talent to go along us innovative, and the clientele to cater to. Columbus offers a profoundly diverse population, worldly in its outlook only with Midwestern values."

Express Brands occupies more than 5 one thousand thousand sq. ft. at its headquarters campus in Columbus and owns such brands as Victoria'due south Hugger-mugger, Pinkish and Bath & Body Works.

"We have enormous natural advantages in Columbus," Wexner adds. "We are the population center of North America. We are the state capital of a major state. We have the third-largest educational activity academy here. It is a good place to be."

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This investment profile was prepared under the auspices of Columbus 2020. For more information on the Columbus Region, delight contact Kenny McDonald at km@columbusregion.com or 614-225-6063. On the Spider web, go to www.columbusregion.com.

White Castle employs 300 workers at its headquarters (above right). The national eating place company was founded in Wichita in 1921 just chose to motion to Columbus in 1934.

What Cities Have Makeup Company Headquarters,

Source: https://siteselection.com/issues/2012/nov/columbus-ohio.cfm

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