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psu1989 t1_j4zlw87 wrote

Reply to comment by IndigoGrunt in Pepperidge Farm closing CT headquarters... by coastal_girl14

The factory is staying.

"Historic Pepperidge Farm HQ to exit CT for NJ with 170 jobs; bakery plant to stay"

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bankofgreed t1_j50awir wrote

Pepperidge farms is part of the Campbell soup company which is HQ’d in Camden NJ. Makes sense they would want to consolidate offices.

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ePuMa t1_j5q0ags wrote

Not exactly. The Campbell's Snacks division (which includes Pepperidge) is almost a completely different business entity from the meals and bev side.

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IndicationOver t1_j500gcv wrote

usually people move business into a lower tax area, odd.

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No-Coast-Punk t1_j508ipx wrote

Jersey isn't much better about the tax situation.

Pepperidge farm is part of a big conglomerate, and this move is probably just to consolidate admin resources now that all of the office jobs are getting automated away.

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LizzieBordensPetRock t1_j5377jz wrote

One of their big competitors, international great brands, has a bunch of sites in NJ too. That may not be coincidence.

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Whaddaulookinat t1_j519lj7 wrote

Hasn't been true since the 90s. Human capital is crucial and isn't cheap.

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