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Good news - I saw this article as well, and I am not sure if it will add any jobs.  What it will do, though, is secure the HQ of the current employees and make it a more well known company in the future.

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  • Sundance has also been inquiring into more than 1 building in OTR about buying a building to house their new headquarters.

  • ^ In aww of OTR because it's cute (awwwwww, look how cute), or in awe of it because it's awesome? lol

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    General Electric will officially become GE Aviation and a Cincinnati based Fortune 500 company April 2nd.    https://www.investors.com/news/ge-stock-buy-2024-new-ge-aerospace/

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People will move out of the city, and design industry professionals will move in.  I see it as a good thing.

 

Designers are forward thinkers, at least the ones I've come across.  The more will for progress in Cincinnati, the better.

People will move out of the city, and design industry professionals will move in.  I see it as a good thing.

 

I'm not sure I understand what you mean by this.  Why would people move out of the city?

I'm just talking about the natural flux of people in any city.

I'm just talking about the natural flux of people in any city.

 

i don't understand that reply, but thats ok i dont understand what being a cradle of brands is either. thats ok, i'll just take it as a good...thing.

Hah, fair enough.

^ Well its too bad 4th and Race didnt work out.  That would have been an incredible space for an architecture firm with fantastic visibility.  Nice to see the "Northern Kentucky" card was played too.

That's interesting that Cole + Russell was one of three parties willing to pay $750k to $1 mil for in that building.

 

And yet the city is selling it for $250k to a company that let it sit empty for several years.

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^If any company should stay downtown it's this one.

these guys have been growing like wildfire.  i understand that at least one of the spaces they were looking at is downtown and hopefully the rest are as well.

^Maybe The Banks Phase 1a.

Perhaps.  They currently occupy three floors in the older section at 302 W 3rd...great loft like spaces.  If its a similar environment that they desire then most likely it wont be the banks.  Who knows.  I just hope they stay downtown knowing how much the intend to grow.   

The article actually mentioned a nearby warehouse that they might be interested in.  It would allow for them to expand and renovate an older structure which they apparently like being a part of.

^That be cool!

Groundbreaking after groundbreaking these days ...

Montgomery has wanted this land for a long time anyway...now they can turn that property into something useful.

^AGREE!

Wow, another huge hit for Norwood.

This sucks, especially for historical reasons.

 

Seems to make sense though given that they are locating alongside another company that they deal with (a company that is bringing jobs to the region).  However it would have been nicer if they (U.S. Playing Card) could have lured that other company to Norwood.

Hell, I don't even know where Boone County is. lol...

 

I wonder if they're going to keep the "Cincinnati, OH" stamp on the box?

it would be equally inaccurate

At least they're looking to put the museum and retail outlet in Norwood or Cincinnati

Who cares about the museum?  I wonder if Ohio offered anything, but being a border city I think we need to get more assistance from Columbus to compete.  Again, as a whole this will probably cost the region tax dollars because Kentucky probably offered a lot of breaks to get them to move (another case of cannibalizing existing business).  And of course the media will play this up, with no mention of NKY's 32% vacancy rate for their office space or the fact that Comair is cutting 500 jobs.  Just a little venting....

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The 500 cuts job are not all in Cincinnati.

House of cards going to N.Ky.

Boone Co., state dealt Norwood firm a strong hand

By Amanda Van Benschoten • [email protected] • July 9, 2008

 

The United States Playing Card Co. will invest $30 million during the next two years to move its headquarters, manufacturing and distribution operations - and 500 jobs - from Norwood to a 40-acre campus in Boone County.

 

The company will move to an existing 570,000-square-foot building on Gap Way in the Mineola Industrial Park. The move was announced Tuesday after a nine-month search of locations in Ohio, Kentucky and Indiana.

 

Read full article here:

http://news.cincinnati.com/apps/pbcs.dll/article?AID=/20080709/NEWS0103/807090302/1170/NEWS

What a bunch of crap.  If 500 jobs in the region truly benefit everybody then why so motivated to steal them.

^Yeah, I would imagine it wouldn't come across very well if you tried to sell that "good for everybody" notion to Norwood officials/citizens.

Maybe a bit of an overreaction folks?

 

Norwood has been losing its industrial base for years and this just continues the trend. They'll be fine. They've done well diversifying their commercial tax base with Rookwood (even more if they get that last house demolished), and their new development on Dana. Plus, I doubt anybody is losing their jobs, Boone county is right across the river (airport).

 

I agree with the point made previously that we're cannabalizing the regions tax base, but being close to the airport has got to be a major boost for them as well.

 

Plus, their parent company was looking to consolidate two of their subsidiaries which i doubt there would be room for in their Norwood facility.

 

Again, Norwood is WAY past the point of NEEDING 500 jobs. Yeah, having them located there probably lent a little prestige to the city but it is fast gentrifying (is that the right word? it honestly never got that bad) with people who want to be in Hyde Park "Near" Couple that with the tearing down of that horrible mall and wonderful historical housing stock and they'll be just fine.

 

The sky isn't falling.

Jeez, let the NKY bashing begin.  They're "stealing jobs".  Would there be as much uproar if they had decided to move to Butler or Clermont County?  Leaving the emotion out of it, does it really matter WHERE these jobs went?  The real issue is that long established companies are leaving.  The city (and more likely, the state of Ohio) need to examine WHY this is happening, and take steps to address the problem.  If it's is really as simple as taxes or incentives, why can't Cincinnati do something similar to lure new companies in to replace the ones that leave?  Cincy1 makes a great point though, about how tax incentives for what is more or less a local move are costing the region, but I'm not sure if there is a way to combat that.

This is not just a NKY vs. OH or Cincinnati problem, it happens all over and you can not blame the companies for taking the best deals available to them.  Until all governmental entities stop "giving away the farm" to attract these companies, it will continue unabated as much as you hate to see a company leave its home, but Norwood probably did the same thing to Cincinnati around 100 years ago.  I am surprised the State of Ohio didn't step up more though with the impending lose of DHL.  I am sure the internal issues of placing two units together also had more pull than one might expect and was likely the primary option the entire time to relocate them together in NKY. 

Jeez, let the NKY bashing begin.  They're "stealing jobs".  Would there be as much uproar if they had decided to move to Butler or Clermont County?  Leaving the emotion out of it, does it really matter WHERE these jobs went?  The real issue is that long established companies are leaving.  The city (and more likely, the state of Ohio) need to examine WHY this is happening, and take steps to address the problem.  If it's is really as simple as taxes or incentives, why can't Cincinnati do something similar to lure new companies in to replace the ones that leave?  Cincy1 makes a great point though, about how tax incentives for what is more or less a local move are costing the region, but I'm not sure if there is a way to combat that.

 

Im not exactly sure where you picked up any "NKY bashing".  If you can indicate for me a better term than stealing then im willing to listen. But for me...its about as close as i can get to what is actually happening when a neighboring municipality offers incentives to lure a company away.  I dont care if your NKY, Blue Ash, or even amazing Warren County.  We are not in the "regional" wonderland that Dan Tobergte is implying...granted he is trying to paint the prettiest picture possible.

 

I live in norwood so to me its personal.  I do believe, however, that with a renovation the soon to be vacated building would make for a fantastic office complex.

 

Do you think they are going to print "Boone County, KY" on each box of cards now....ha.

 

       

Would there be as much uproar if they had decided to move to Butler or Clermont County?

 

Yes, absolutely.

Would there be as much uproar if they had decided to move to Butler or Clermont County?

 

Yes, absolutely.

 

Really?  Maybe, but I'm not so sure.

 

Im not exactly sure where you picked up any "NKY bashing".  If you can indicate for me a better term than stealing then im willing to listen. But for me...its about as close as i can get to what is actually happening when a neighboring municipality offers incentives to lure a company away.  I dont care if your NKY, Blue Ash, or even amazing Warren County.  We are not in the "regional" wonderland that Dan Tobergte is implying...granted he is trying to paint the prettiest picture possible.

 

I live in norwood so to me its personal.  I do believe, however, that with a renovation the soon to be vacated building would make for a fantastic office complex.

 

Do you think they are going to print "Boone County, KY" on each box of cards now....ha.

 

It's not stealing because A) they're not doing anything illegal and B) cities don't OWN jobs.  Businesses exist to make profit.  They're not obligated to stay anywhere.  If they can make a bigger profit by moving, they're well within their rights to do so.  Likewise, Hebron, KY doesn't owe Norwood, OH anything.  It's in their best interest to lure new companies to their city, just as it's in Norwood's best interest to keep companies in Norwood.  For the employee's sake, we're lucky the move was local.  They could have just as easily moved to New Jersey instead of having their "sister company" relocate here. 

 

Yeah, it's a bummer that they're moving, but it's ridiculous to take business decisions personally.  If you don't like the trend, write to your local politicians and implore them to make the changes necessary to retain these companies.  The_Cincinnati_Kid is right.  This problem is much bigger than OH vs. KY.

 

 

Do you think they are going to print "Boone County, KY" on each box of cards now....ha.

 

Nope.  There's a reason they're keeping the museum in Cincinnati, OH.

Would there be as much uproar if they had decided to move to Butler or Clermont County?

 

Yes, absolutely.

 

Really?  Maybe, but I'm not so sure.

 

http://www.urbanohio.com/forum2/index.php/topic,13731.0.html

 

http://www.urbanohio.com/forum2/index.php/topic,9416.0.html

 

http://www.urbanohio.com/forum2/index.php/topic,10817.0.html

 

http://www.urbanohio.com/forum2/index.php/topic,6987.msg163925/topicseen.html#msg163925

 

Just to name a few.

Whatever happened to this?

^Okay.  I stand corrected.

:laugh:

"US PLAYING CARD CO. BOONE COUNTY, KY"

 

 

... wow.

^ I'm telling you, THAT'S why the museum is staying in Cincy.  They'll keep the museum and some sort of figurehead position or registration there, so that they can still print "Cincinnati, OH" on their products.

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