IBJNews

Sensient plans to move Indy headquarters to Chicago

Back to TopCommentsE-mailPrintBookmark and Share

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.

 

ADVERTISEMENT

  • 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!

    Post a comment to this story

    COMMENTS POLICY
    We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
     
    You are legally responsible for what you post and your anonymity is not guaranteed.
     
    Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
     
    No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
     
    We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
     

    Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

    Sponsored by
    ADVERTISEMENT

    facebook - twitter on Facebook & Twitter

    Follow on TwitterFollow IBJ on Facebook:
    Follow on TwitterFollow IBJ's Tweets on these topics:
     
    Subscribe to IBJ
    1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

    2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

    3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

    4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

    5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

    ADVERTISEMENT