Campbell Soup Co. plans to spend $50 million to upgrade its Camden, N.J., headquarters, in the process closing regional snacks business offices in North Carolina and Connecticut and asking employees there to relocate.
On Jan. 18, the company announced it will add 330 positions in the remodeled Camden office, bringing the total jobs there to about 1,600. But the new jobs are moving from offices in Norwalk, Conn., and Charlotte, N.C., the latter where the snacks business is headquartered.
The headquarters upgrade and expansion, apparently aided by tax incentives from New Jersey, will start in March and should take about three years to complete, according to Associated Press. The plans include upgrades of existing space and construction of new buildings, including a campus center and a snacks research and development center and pilot plant.
“With one headquarters, we’ll accelerate our plan to build a winning team and culture by investing in our campus and our people,” the company announcement said. It’s also expected to save Campbell $10 million annually within a few years.
A Snyder’s pretzel bakery and other operations in Hanover, Pa., will not be affected by the changes, according to Associated Press, and the company will continue to operate its Pepperidge Farm bakery in Bloomfield, Conn.
Hopefully, this consolidation will go better than the one underway at Tyson, where hundreds of employees in Chicago and Downers Grove, Ill., and Dakota Dunes, S.D., reportedly are quitting rather than move to Springdale, Ark., headquarters.