Posted on 07/22/2026 5:12:55 AM PDT by MtnClimber
he New Jersey bleedout continues. ExxonMobil and Samsung are running for the exits. Joining them this week is candy and confectionery giant Mars Wrigley, which just announced that it is shifting its corporate headquarters from Newark to Chicago.
Since the 1940s, Mars Wrigley has been headquartered in Ironbound (AKA Downneck), a rather odd urban offshoot paralleling the Passaic River. It is one of the last livable areas of Newark. Mars Wrigley represents its largest industrial resident.
Mars Wrigley is the producer of M&Ms, a legendary candy among one of the most popular in the world, along with Snickers, Milky Way, and Skittles. The company acquired chewing gum manufacturer Wrigley in 2008 and is evidently consolidating its head offices at the Wrigley Chicago HQ.
Mars Wrigley filed a WARN (Worker Adjustment and Retraining Notification), a sixty-day notice required by the U.S. Labor Department, with the state of New Jersey last Friday. The closure will cost NJ 307 jobs. It will be completed by October.
Though no particular reason was given, there’s no doubt that a large role was played by New Jersey’s deteriorating business climate. New Jersey has the highest corporate tax rate in the country at 11.5%, and state officials, including the new Democrat governor Mikie Sherrill, have shrugged off the increasing number of businesses fleeing the state. This summer has been a massacre, with ExxonMobil completing its plans to move its headquarters to Texas, and Samsung abandoning its new corporate building in Englewood Cliffs. Gov. Sherrill’s office had no comment about Mars Wrigley’s announcement.
Michelle Siekerka, president of the NJ Business and Industry Association (and what a thankless job that must be), had this to say:
“On a summer Friday when people should be getting excited about the weekend ahead, we are instead hit with the news
(Excerpt) Read more at americanthinker.com ...
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Mars candy is jumping from the frying pan into the fire.
Out of the frying pan and into the fire.
Good one.
These companies leaving are a blow to New Jersey, but New Jersey is doing just fine. New York City is a bigger basket case than New Jersey and a lot of companies are fleeing across the border from the city to Northern Jersey. New Jersey Democrats are smart enough to not to full Communist so that NYC companies go to Pennsylvania or some other state instead of New Jersey. So while the NJ business climate isn’t great, New Jersey still is doing just fine and reaping the benefit of New York’s insanity.
Moving to chitown is dumb as hell.
The company’s hometown is Chicago.
Think about Wrigley Field.
That’s right.
Good news for New Jersey is they’re getting a lot of companies from New York City. So for now they’ll be fine.
All the free candy that fat pig can eat?
NJ voters are learning the old saying about dancing with the devil...
Just moving from one dumpster fire to another one. Makes about as much sense as transferring from one sinking ship to another sinking ship.
“New Jersey has the highest corporate tax rate in the country at 11.5%, and state officials, including the new Democrat governor Mikie Sherrill”
Mikie was quoted: “We can always just raise the corporate tax rate again to make up for those loses.”
If Chicago is an improvement, we Jerseyans are in deep Doodoo!
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