Life Health, a maker of economic health gear, will relocate its world company headquarters to Franklin Park, the village’s mayor, Barrett Pedersen, introduced in late June.
The corporate already has a facility in Franklin Park at 10601 Belmont Avenue, however plans to considerably renovate and develop it, consolidating company workplaces there and including workers.
Life Health will begin transitioning out of its present workplace in Rosemont beginning subsequent month and start building on the Franklin Park facility.
“Our imaginative and prescient for the newly designed world headquarters in Franklin Park is a mirrored image of our values and our mission of inspiring more healthy lives,” Life Health CEO Chris Clawson mentioned in a press release.
“We’re wanting ahead to increasing our company operations in Franklin Park and persevering with to be a part of this group.”
Firm officers forecast an overhaul of the present roughly 200,000-square-foot Franklin Park constructing.
“As soon as full, the Franklin Park facility may also function a state-of-the artwork health showroom with premium merchandise from the Life Health household of manufacturers,” firm spokeswoman Dana Andreoli wrote in an e-mail. “The multi-functional showroom will function a health heart for workers and area to host a wide range of occasions, together with interactive workshops and trainings for patrons.”
The headquarters may also home what Life Health is asking its first U.S. based mostly Expertise Heart, designed to showcase product improvements.
Andreoli added roughly 270 staff would transfer to Franklin Park, bringing the overall depend to 450. She predicted as soon as the primary part of the renovations are accomplished, staff could be provided hybrid working circumstances.
In the meantime, Life Health is relocating manufacturing meeting operations from Franklin Park to a producing facility in southern Minnesota, which means the Franklin Park workplace will principally be company jobs, in keeping with Andreoli.
Andreoli mentioned 132 jobs could be moved from Franklin Park to the Minnesota facility.
“This relocation permits us the chance for our product growth, engineering, industrial design, advertising, gross sales, and different company roles to co-locate in Franklin Park,” Andreoli wrote. “Bringing collectively all of those capabilities in a single location will maximize collaboration and drive innovation throughout the group.”
Franklin Park Mayor Pedersen heralded the transfer.
“We’re excited to have this prestigious world headquarters as a part of our Franklin Park enterprise group,” Pedersen mentioned within the assertion. “Life Health has a dedication to wellness, for his or her staff, their purchasers, and the group. I do know they are going to be an incredible company citizen.”
Life Health generated roughly $175 million in annual gross sales in the latest report supplied by Dun and Bradstreet, a knowledge analytics agency.