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Thursday, March 10, 2011
Bob Evans corporte HQ to move but stay in Ohio
Bob Evans Farms, Inc., announced on Thursday that a generous aid package from the state of Ohio helped seal a deal to keep the restaurant and food giant’s corporate headquarters in its home state.
Bob Evans Farms, a publicly-traded company with $1.7 billion in annual sales and 44,000 employees, will move its headquarters from the south side of Columbus to New Albany, an upscale suburb just east of Columbus.
Bob Evans Chairman and Chief Executive Steve Davis said the company outgrew its current headquarters and had considered relocating to land it owns in Texas.
Davis and Gov. John Kasich declined to disclose details of the aid package.
Kasich said only that the deal would be ‘return on investment-positive’ for the state.
He said aggressive action by the state led to three recent big wins: ‘The Avengers’ movie will be shot in Cleveland, American Greetings will remain in the Cleveland area, and Bob Evans will stay in Columbus.
Kasich said while he doesn’t like corporate welfare, he doesn’t “want to be meek and mild and let these opportunities get out the door.”
After the announcement, Davis and Kasich whisked off to a Bob Evans restaurant where presumably, the governor ordered his usual: chicken and noodles with a side of green beans.
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