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Sensient plans to move Indy headquarters to Chicago

 IBJ Staff
February 8, 2013
Keywords
Headquarters, Headquarters Relocations, Manufacturing & Technology
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Milwaukee-based Sensient Technologies Corp. said Friday it plans to move its Indianapolis-based Flavors & Fragrances Group corporate headquarters to Chicago before mid-2014.

Sensient said the move would not include the relocation of the Indianapolis production site.

Sensient employs more than 200 at its offices and production facilities at 5600 W. Raymond St., in Indianapolis, but it is unclear how many of those workers would be moved.

A spokesman for Sensient did not return a phone call Friday afternoon seeking comment.

Sensient, which has more than 3,900 workers worldwide, came under heavy scrutiny last year because of a legal battle with the Indiana Occupational Safety and Health Administration over intense government scrutiny of health risks at the Indianapolis plant.

The company said in a statement that it expects “to incur personnel and moving related costs between $12 million and $14 million over the next 12 to 18 months as a result of this relocation.”

Sensient said “the relocation of the Flavors & Fragrances Group headquarters will give the company better access to its customers, improve its access to food industry talent, improve access to worldwide air service and allow it to showcase its broad product portfolio in a state-of-the-art facility.”

The Flavors & Fragrances division on Friday reported record revenue of $875.3 million in 2012, up from $857.5 million in 2011.

 

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  • Long Planned Move
    ChrisFebruary 9, 2013 6:29 PM
    Marshall, no company run by individuals with either half-a-brain or any self-interest would spend $15 million in moving expenses to relocate to more expensive state with a higher regulatory burden out to retaliate for a fine. They planned this relocation for a long period. It was done because Chicago puts them in a global city that has better access to their clients, including airline access. Indianapolis may have a new airport, but it has nowhere near the flights availability of either O'Hare or even Midway.
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  • See ya
    MordantFebruary 9, 2013 12:04 PM
    and good luck finding less government regulation in Illinois...
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  • LOL...
    MarshallFebruary 9, 2013 10:20 AM
    First of all - Ali, what a ridiculous comment! Secondly, it's clear that this move is some form of retaliation against the state for OSHA doing what it's supposed to do and penalizing them for unsafe conditions. Yeah, their having such a difficult time finding quality talent because Indianapolis is such a remote little island, so distant from Chicago... Get real!
    Reply to CommentFlag Comment
    • joe rathzFebruary 9, 2013 9:42 AM
      Yeah, you are right. I mean Lillys, Wellpoint, Rolls Royce, Brightpoint, One America, Fed Ex, Dow Agro, Roche, Guidant, St. V's, and on and on, are really small companies.
      Reply to CommentFlag Comment
    • Private sector companies
      AliFebruary 9, 2013 7:04 AM
      There are very few private sector employers in Indianapolis. The vast majority of people here either work for government or a "private" organization (like Indiana Sports Corp. for example) that would cease to exist without government handouts. We have no economy. We have no leadership. I know, another tax to build a stadium! That'll work!
      Reply to CommentFlag Comment

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