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“Based on my conversations this morning with LEGO’s leadership, their move is motivated not by any Connecticut policy but rather LEGO’s desire to consolidate their business operations near the company’s Education Office and to enhance their partnership with MIT,” Lamont said.

Riiight. They love paying the high corporate taxes here.

1 posted on 01/25/2023 6:31:39 AM PST by Puppage
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To: Puppage

I don’t think it is the corporate taxes that would motivate a move to MA:

https://www.cga.ct.gov/2016/rpt/2016-R-0025.htm

What I think is happening is that facility costs (either state) have gone much higher (partially due to electricity cost increases—Northeast Utilities per kilowatt hour rate just doubled—not a typo—doubled effective this month).

My guess would be that the combined facility footprint will be much less in one location—and it probably would not have mattered that much where it was located.


2 posted on 01/25/2023 6:37:12 AM PST by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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To: Puppage
“Boston is ranked one of the best cities in the world to attract and retain talent,” Kodak said. “This, along with its world-class academic institutions, skilled workforce, and great quality of life makes it an ideal location for our US head office. We have exciting plans for the next phase of growth and hope we can retain many of our current team, as well as attract new colleagues.”

We visited Enfield in July, and thought that it was a fine city for being over 200 years old.

They are really trying to revive themselves.

3 posted on 01/25/2023 6:44:51 AM PST by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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To: Puppage; Red Badger
President of the LEGO Group in the Americas, Skip Kodak, said this move would support the company’s long-term goals.

"Why don't you take a picture -- it'll last longer."

😉

4 posted on 01/25/2023 6:50:03 AM PST by Ezekiel (🆘️ "Come fly with US". Ingenuity -- because the Son of David begins with Mars ♂️, aka every man)
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To: Puppage

My guess is mostly everyone was remote…and who really wants to work in Enfield.

Yankee Candle just announced the same thing. They about 30 miles up the road. They are closing their “corporate” office and moving it to conglomerate headquarters.

Remote work is bad for commercial real estate.


6 posted on 01/25/2023 7:00:02 AM PST by Vermont Lt
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To: Puppage
The new office looks like this...


7 posted on 01/25/2023 7:01:09 AM PST by DannyTN
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To: Puppage

The Enfield location looks like it has loading docks and a warehousing function. Can’t imagine moving that to Boston, so other changes must be afoot in distribution.


12 posted on 01/25/2023 7:16:09 AM PST by FarCenter
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To: Puppage

It should be easy to disassemble...


14 posted on 01/25/2023 7:25:21 AM PST by OrangeHoof (No food in the stores; fuel prices too high? Thank a liberal.)
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To: Puppage
Santa never brought me my Lego Millenium Falcon - so I no longer care...


17 posted on 01/25/2023 7:48:10 AM PST by GaltAdonis
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