Mayor Mallory and P&G Announce 650 Jobs Moving to Downtown Cincinnati
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Cincinnati - Mayor Mark Mallory and Procter & Gamble announced today that P&G will move approximately 650 jobs to their Downtown Cincinnati world headquarters. The announcement was attended by most of the members of Cincinnati City Council, who will be voting on a resolution at this afternoon's Council meeting supporting P&G's decision to bring the jobs into Cincinnati and directing the City Administration to work with P&G to assist in the move.
"P&G's decision is further proof that companies want to be a part of what is going on in Cincinnati," Mayor Mark Mallory said. "P&G is a big part of the fabric of Cincinnati. Once again, they are leading the way in the growth and vitality of our city."
"On behalf of the P&G Product Supply Operations Team, I am pleased to share the news regarding our arrangements with the City of Cincinnati that will allow us to move our group into the P&G Global Headquarters building. Returning to downtown was our lead option and we look forward to the increased interactions that this move will provide us with the internal business that we serve," said Billy Boykins, Director, North America Market Development Organization, P&G Product Supply Operations. "We appreciate the responsiveness of the City in working with us to address the increased demand for parking that this influx of jobs created."
The new jobs will increase P&G's payroll for employees in Cincinnati by approximately $30 million, resulting in $630,000 in additional payroll tax revenue that will help provide City services to all neighborhoods. Bringing 650 new jobs to Downtown will mean more people on the streets, eating at restaurants, shopping at the stores, and adding to the vitality of Downtown.
"Creating more jobs in Cincinnati helps increase revenue so we can supply quality city services to all neighborhoods," said City Manager Milton Dohoney, Jr. "We are very happy to partner with P&G to bring jobs to the city that also strengthens their operations."
The resolution directs the administration to work with P&G to assist in the move by addressing P&G's need for more parking for the new Downtown employees. The City administration and P&G have worked together to identify 500 potential parking spaces that P&G can lease from the City, including an expanded City-owned parking garage at 7th and Broadway, and nearby City-owned surface parking lots.
P&G is moving the 650 jobs from its Governor's Hill location.
P&G's announcement builds on the City of Cincinnati's recent success in attracting new businesses and encouraging the expansion of existing businesses. Last year, the City of Cincinnati secured nearly 2,500 new jobs despite the recession. So far, this year the City has secured another 650 new jobs before the P&G announcement. Companies like Medpace, US Bank, Humana, FirstGroup, dunnhumbyUSA, Kendle, Neyer Properties, Graeter's, Macy's, and Kao Brands either decided to add jobs or move jobs to Cincinnati.
Mayor Mallory tells the crowd that P&G will bring 650 jobs to Cincinnati
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