Cereal maker Kellogg’s, home of Tony the Tiger, has divided itself into three companies, and the bulk of its headquarters workforce will move to Chicago from Battle Creek, Michigan, according to The Detroit News.
“It’s another loss for Michigan of the prestige and jobs created by the main offices of an international company. Companies focused on North American cereals and plant-based products will continue to be based in Battle Creek, but the new snack business, which makes up 80% of sales, will have a dual campus in Chicago and Battle Creek. The decision marks the challenges for Michigan in retaining even heritage industries,” according to the article.
“Kellogg will mark the latest exit of a corporate headquarters from Michigan. After Detroit-based TCF Financial Corp. last year merged with Huntington Bancshares Inc., the new Huntington remained domiciled in Columbus, Ohio, with the holding company and retail bank headquarters, though a “dual headquarters” strategy left the commercial bank based in Detroit.”
“Foreign mergers for the maker of Jeep, Chrysler, Dodge and Ram vehicles now have parent company Stellantis NV domiciled in the Netherlands. Auto supplier Delphi Corp.’s split in 2017 created Ireland-based Aptiv PLC and London-based Delphi Technologies PLC, though Delphi today is owned by BorgWarner Inc. in Auburn Hills.”
“Comerica Inc. in 2007 left Detroit for Dallas. Acquisitions also took headquarters of Gerber Products Co. from Fremont and Upjohn Co. from Kalamazoo.”