Procter & Gamble to relocate 650 employees
June 25, 2009
CINCINNATI — Procter & Gamble Company is planning to move 650 workers from its Governor’s Hill facility to its downtown Cincinnati headquarters in early 2010, according to the Business Courier.
When the employees leave the facility Procter & Gamble has occupied for 15 years, it will increase the number of employees working at the main campus to around 4,750, the story stated.
To combat the potential parking problem associated with the move, the City of Cincinnati has identified two parking lots that it has agreed to lease to Procter & Gamble at a price described as fair and reasonable to both parties, the story noted.
City Manager Milton Dohoney said: "Creating more jobs in Cincinnati helps increase revenue so we can supply quality city services to all neighborhoods. We are very happy to partner with Procter & Gamble to bring jobs to the city that also strengthens their operations."
Moving more of its employees into the city limits will result in $630,000 in payroll tax revenue for the municipality, the story added.
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