The Lego Group introduced Tuesday that it’s going to transfer its North American headquarters from Enfield, Connecticut, to Boston, Massachusetts, by the tip of 2026.
Skip Kodak, president of the Lego Group within the Americas, mentioned in a launch that the transfer helps the Denmark-based international toymaker’s progress ambitions.
“Boston is ranked probably the greatest cities on the planet to draw and retain expertise,” Kodak mentioned in a press release. “This, together with its world-class tutorial establishments, expert workforce and nice high quality of life makes it a really perfect location for our US head workplace.”
Lego has about 740 full-time staff within the Connecticut workplace.
The entire staff can have a place on the Boston workplace and obtain relocation assist in the event that they need to make the transfer, the Lego Group mentioned. The transfer will occur in phases beginning in mid-2025 and be accomplished by the tip of 2026, the corporate mentioned.
Boston Mayor Michelle Wu mentioned in a press release that she was thrilled to welcome the Lego Group to Boston and appears ahead to supporting the corporate because it transitions its headquarters and joins “our mission to turn out to be probably the most family-friendly metropolis within the nation.”
The Lego Group opened the Connecticut workplace in 1975. Connecticut Gov. Ned Lamont mentioned in a launch he was upset to listen to concerning the transfer.
Lamont mentioned primarily based on his conversations with Lego’s management Tuesday morning that “their transfer is motivated not by any Connecticut coverage however reasonably LEGO’s need to consolidate their enterprise operations close to the corporate’s Training Workplace and to reinforce their partnership with MIT,” referring to the Massachusetts Institute of Expertise, situated in Cambridge, Massachusetts.
Lamont mentioned the Connecticut Division of Financial Group Improvement, Workplace of Workforce Technique, and Division of Labor will work with Lego to seek out employment for employees who determine to the go away the corporate and keep in Connecticut.
Some trade watchers mentioned in June that the Lego Group’s announcement that it would construct a brand new manufacturing unit in Richmond, Virginia, will not be a great signal for the corporate’s future in Connecticut.
An organization spokesperson mentioned on the time that the choice would haven’t any impression on the dimensions and scope of the Enfield headquarters.
Discover ways to navigate and strengthen belief in your online business with The Belief Issue, a weekly e-newsletter inspecting what leaders must succeed. Join right here.