Moen is closing offices in North Olmsted, Ohio, and moving its workforce to a new headquarters in Chicago’s Deerfield area by summer 2026. A spokesperson confirmed that many workers will relocate during this transition. Employees staying in the region receive support, including severance pay, COBRA coverage, and outplacement services. The new campus, which will accommodate over 1,000 workers by end-of-year 2027, was incentivized by Illinois state tax credits for economic development. Moen expresses gratitude to its North Olmsted community and its team, assuring them of support as they decide their future.
Source: https://fox8.com/news/moen-to-relocate-corporate-headquarters-from-north-olmsted-to-illinois