Headline: Fareway to Relocate Headquarters from Boone to Johnston
Fareway, a prominent grocery company, is preparing to transfer its corporate headquarters from Boone, where it has resided for over eight decades, to Johnston. The news was shared live by Kayla James, KCCI reporter, from Fareway’s corporate office in Boone.
The move was announced by the company’s CEO, Reynolds Kramer, who expressed the need for more space as the primary reason behind the decision. Kramer also revealed to the Des Moines Register that a majority of Fareway’s employees are residents of the Des Moines metro area, making the move advantageous for the workforce.
John Slights, the Mayor of Boone, sees potential benefits from Fareway’s move. In a statement issued to KCCI, he highlighted that Fareway’s downtown office will serve as a base for 45 wholesale employees. He further reassured that Fareway Grocery will continue its investments in the community, ensuring the town’s economic stability.
The relocation has sparked discussions among Boone’s residents, with varying opinions being expressed about the major shift. More details about the public’s reaction to this change will be broadcasted on KCCI Eight News at six.
Fareway’s new headquarters will be situated at Northwest 62nd Avenue, in the former premises of the Iowa Bankers Association, according to a report by the Register. The company has not provided any details about the timeline of the transition.
Fareway Grocery’s impending move marks an end to an era that began in the 1930s when it established its headquarters in Boone. The company has not yet announced when the relocation process will begin or how it will affect its operations.
As this story continues to develop, updates will be provided on the news at 5 and 6. The company’s decision to move its headquarters has significant implications for both Boone and Johnston, impacting the local economy, employment, and community dynamics.
Original Story at www.kcci.com – 2023-08-29 22:11:00
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