Cherry Hill works to keep Subaru HQ from leaving town

Posted: February 07, 2013

Subaru of America Inc., which has its national headquarters in Cherry Hill, is considering leaving the township, though the mayor says he's working to prevent that.

The auto company, based at its Route 70 location since 1986, has indicated to the township that it may move to consolidate operations at a larger facility.

While company officials said they have made no decisions, Cherry Hill is confronting the possibility of losing the business — and the $440,210 in property taxes it paid last year.

About 300 employees work at Subaru headquarters, a seven-story, 115,000-square-foot building.

It wouldn't be big enough, however, to hold the 900 employees the company hopes to have at a new facility, according to township officials.

As a result, "they're very seriously looking at leaving Cherry Hill," township spokeswoman Bridget Palmer said Tuesday. "It's something we're concerned about."

A Subaru spokesman said the company hasn't decided to leave Cherry Hill but is considering its options.

"We are tentatively looking at other locations to suit our growing business," said Michael McHale, Subaru's director of corporate communications.

He would not comment on other sites and said that even if Subaru moves, "it could easily be in the Cherry Hill area."

Cherry Hill Mayor Chuck Cahn said at a "State of the Town" address on Tuesday that he and the township's director of community development, Paul Stridick, have been meeting with the company to "help them find places in Cherry Hill where they want to be."


Contact Maddie Hanna at 856-779-3232 or mhanna@phillynews.com.

|
|
|
|
|