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UPDATE: Sensient to cut 125 jobs due to Chicago move

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Roughly 125 workers at the Sensient Technologies Corp. plant in Indianapolis will lose their jobs following a decision by the Milwaukee-based company to move some local operations to suburban Chicago.

Sensient announced Feb. 8 that it planned to move its local Flavors & Fragrances Group at 5600 W. Raymond St. to Hoffman Estates, Ill., before mid-2014 but didn’t specify how many workers might be affected.

The company’s notice to the Indiana Department of Workforce Development on Wednesday specified that 125 local jobs would be lost. It was not immediately clear how many workers would remain in Indianapolis. Sensient employs more than 200 at its offices and production facilities on Raymond Street.

Sensient expects to begin reducing its local work force May 1 and finished by Sept. 1, the company said in the notification.

The dates could change depending on when the new facility in Illinois is completed and how many local employees accept offers to relocate, Sensient said.

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 the Feb. 8 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 recently reported record revenue of $875.3 million in 2012, up from $857.5 million in 2011.
 

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  • Tis a shame.
    If they are the evolution of INTERNATIONAL FLAVORS that were started here in Indianapolis then truly is a sad sad day for Indiana. If we were aware of this potential we should have done something to save this piece of history. Having said the Idealistic or historical preservation, we should be extremely insulted by their published comments regarding “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.” I will put our city against any city out there. Whoever is responsible for Public Relations regarding our city and state should be all over this in response. Done

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  1. PJ - Mall operators like Simon, and most developers/ land owners, establish individual legal entities for each property to avoid having a problem location sink the ship, or simply structure the note to exclude anything but the property acting as collateral. Usually both. The big banks that lend are big boys that know the risks and aren't mad at Simon for forking over the deed and walking away.

  2. Do any of the East side residence think that Macy, JC Penny's and the other national tenants would have letft the mall if they were making money?? I have read several post about how Simon neglected the property but it sounds like the Eastsiders stopped shopping at the mall even when it was full with all of the national retailers that you want to come back to the mall. I used to work at the Dick's at Washington Square and I know for a fact it's the worst performing Dick's in the Indianapolis market. You better start shopping there before it closes also.

  3. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  4. If you only knew....

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