Cherry Hill, NJ Wooing Subaru To Keep Its US Headquarters There
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By Pat Loeb
CHERRY HILL, N.J. (CBS) — Subaru of America reported record high sales in 2012, its fourth straight year of growth.
That should be good news for its hometown, Cherry Hill, NJ. But the mayor fears the car maker may get so big it will move out of town.
Right now, Subaru spokesman Michael McHale says, the company has 500 employees split between two buildings along the Cooper River, and it would like to bring them together under one (necessarily larger) roof.
“We are tentatively looking around the area to see if there’s anything that might suit our needs,” McHale tells KYW Newsradio, “or alternatively, we might stay here. We have not yet reached that decision.”
Cherry Hill officials are not waiting to find out. The mayor’s spokeswoman, Bridget Palmer, says they’re looking for potential new homes for Subaru within the township.
“The mayor and our community development office are committed to doing whatever we can to help keep Subaru here,” she says.
McHale, of Subaru, says there is no timeline for a move — or even a definite decision.