Food services giant Aramark says it has decided to keep its global headquarters in Philadelphia.
Chief executive Eric Foss said Thursday that after an extensive review, the company concluded that Philadelphia remains “the ideal choice for us.”
The city has been the company’s home since 1961.
Aramark had been considering a move before its lease expired in 2018.
Philadelphia Mayor Jim Kenney released a statement regarding Aramark’s morning announcement.
“We’re ecstatic that Aramark has made the decision to keep its global headquarters in Philadelphia,” he said. “The company provides about 6,500 jobs in the city, and we’re glad to know that in considering the many elements of a potential relocation, including a healthy business environment, access to talent, costs, diversity, transportation, quality of life and others, the city of Philadelphia remains the best option.”
The company says factors considered in its decision included overall business environment, access to talent, costs, diversity, transportation and quality of life.
Aramark is now weighing whether to remain at is current building or move to another location in the city. It says it will make that decision by summer’s end.
Aramark says about 1,150 people work in management and management support roles at its global headquarters.