Aramark Says It’s Staying in Philly
Aramark is keeping is headquarters in Philadelphia, the company announced this morning. It might not, however, stay in the same Center City skyscraper currently topped with a sign bearing its name.
“The company’s global headquarters will remain in Philadelphia with the selection of an office site pending,” the company said in a press release.
Reports emerged last month that Aramark was considering a move. The news was alarming to local leaders: Aramark is one of just three Fortune 500 companies — Comcast and Crown Holdings are the others — that make its home inside the city limits (though the metropolitan area contains a few more).
Aramark’s headquarters are currently located at 1101 Market Street. Philadelphia Business Journal has reported the company is eyeing 2400 Market as its new location. Remaining in its current location remains an option, the company said.
“I want to thank each market that participated in what was a very strong competition as we carefully explored all our options,” Aramark president Eric J. Foss said in a written statement. “Ultimately, Aramark’s longstanding home continues to be the ideal choice for us and we are excited to re-commit to the city, state and people that have been such an instrumental part of our growing company and will be in the future.”
The company, which handles food service and janitorial duties for big institutions like universities and sports stadiums, employs about 6,500 people in Philadelphia, and 14,000 across the state. Worldwide, the company employees 270,000 workers.
“We look forward to completing the final step of this process and setting the stage to continue Aramark’s success legacy in Philadelphia and across Pennsylvania,” Foss said. “That includes our long commitment as a major employer and supporting this great community across the wide variety of civic, charitable and cultural organizations we have been honored to partner with historically.”
The company said today it will complete its site location process by the end of summer.