Atlanta Exurb fighting to Keep Newell Brands
Atlanta exurb Sandy Springs is fighting to keep the corporate headquarters of Newell Brands, according to RoughDraftAtlanta. Newell owns some of the country’s most well-known brands including Rubbermaid, Coleman, Oster, Sharpie, and Mr. Coffee.
"Sandy Springs City Council approved economic incentives to convince Newell Brands to stay in the city when it relocates and consolidates its headquarters," according to the article. "Newell Brands plans a $51 million investment with its move from 6655 Peachtree Dunwoody Road. That would include $30.4 million in renovation costs and $20.8 million in furniture, fixtures, and equipment for the new headquarters. Renovation is projected to begin this summer or fall with relocation occurring in 2025.”
Among the city’s pledges to the company, it would provide expedited permitting, waive permit fees, and make a three-year waiver of business occupational taxes. The estimated value of the fees waived totals $281,883.
The relocation would move 890 existing workers….The consolidation would add another 165 new jobs, and Newell Brands promised to make an 11-year lease commitment with plans to occupy 180,980 square feet of office space, the article reported.