Prime Highlights:
Moen plans to move its corporate headquarters from North Olmsted, Ohio, to Deerfield, Illinois, by summer 2026.
The new headquarters will feature a two-building campus, providing space for over 1,000 workers by 2027.
Key Background:
Moen, a leading manufacturer of plumbing fixtures, announced plans to relocate its corporate headquarters from North Olmsted, Ohio, to a new campus in Deerfield, Illinois, by the summer of 2026. The company, part of Fortune Brands Innovations (FBI), will consolidate its operations at a new two-building facility in the Chicago suburb.
This move comes after an assessment of business needs and the opportunities presented by the new location. The new headquarters will provide space for more than 1,000 employees by the end of 2027, accommodating both relocated workers and new hires from the Chicago area.
A company spokesperson confirmed that Moen will offer relocation opportunities to its current employees based at the North Olmsted office. However, many workers will be unable or unwilling to make the move, and the company is providing support for those who choose to stay in Ohio. Employees who opt not to relocate will receive severance pay, COBRA, and outplacement services, with at least 90 days’ notice before their termination in 2026.
The decision to move Moen’s headquarters to Illinois was influenced by state-level economic incentives, including tax credits offered by the state of Illinois. These incentives are expected to foster growth and innovation within the company’s new campus while contributing to local economic development.
Moen expressed appreciation for the long-standing support of the North Olmsted community, acknowledging its role in the company’s success over the years. The company emphasized that it remains committed to supporting its employees during this transition period, ensuring they are treated with care and respect as they make decisions about their future. This move represents a significant change for the company and its workforce, marking the end of an era for Moen’s Ohio-based operations as it looks to the future in Illinois.
