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Sensient plans to move Indy headquarters to Chicago

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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
    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.
  • See ya
    and good luck finding less government regulation in Illinois...
  • LOL...
    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!
    • 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.
    • Private sector companies
      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!

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    1. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

    2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

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    4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

    5. I remain amazed at the level of expertise of the average Internet Television Executive. Obviously they have all the answers and know the business inside and out.

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