Dun & Bradstreet, an international company that provides 23 million businesses worldwide with commercial data, announced plans May 20 to relocate its corporate headquarters from Short Hills, New Jersey to Jacksonville, Florida. The move will bring 500 jobs to the city and a $75 million investment in the next five years. Anthony Jabbour, who serves as Black Knight CEO, a Jacksonville-based investor group, and also leads Dun & Bradstreet, said the choice to move was a strategic investment to grow the company. “Jacksonville is an attractive market to recruit and retain future, diverse talent and we look forward to building our presence in the market and creating greater opportunities for advancement for the local community,” Jabbour said. See the Jacksonville Daily Record story written by Katie Garwood: Dun & Bradstreet to relocate corporate headquarters to Jacksonville.
Also, Dun & Bradstreet, which employs hundreds in the Lehigh Valley, Pennsylvania will move some finance functions to India, according to an internal company email reviewed by The Morning Call (Allentown). The shift is expected to affect an undisclosed number of workers who have long handled some of the company’s finance operations. Morning Call reporter Jon Harris quoted Chief Financial Officer Bryan Hipsher as saying, “We will be moving a portion of our Collections, Disputes, Inbounds, Cash Application, Purchasing, Accounts Payable and Travel & Expenses function to our Dun & Bradstreet Technology and Corporate Services Center in Hyderabad, India. We anticipate transitioning this work to new team members in India by June 30.” See Dun & Bradstreet moving some operations to India, which could affect Lehigh Valley workforce.
About Spectrum Location Solutions
To explore whether a location-related move, expansion or consolidation makes sense for your company, contact Joe Vranich at 800-508-5138. The no-fee, no-obligation consultation will be completely confidential.
Spectrum Location Solutions provides site-selection consulting services to help companies of all sizes find optimal places to call their new home. Spectrum’s network includes help for business owners through a private equity firm that will finance relocation costs and a realtor network to assist company employees with housing searches. By working with Economic Development Agencies nationwide to identify appealing sites and economic incentives, Spectrum has found optimum settings for headquarters, back offices and manufacturing facilities. Joe established the firm more than a decade ago as The Business Relocation Coach with the motto: “Helping Businesses Grow in Great Locations!”