JOURNAL ARTICLE

Hasbro Will Move Toy Headquarters to Boston, Creating 700 Jobs.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Ryan, Greg 3 of 3

Abstract

The article focuses on Hasbro Inc.'s decision to relocate its headquarters from Pawtucket, Rhode Island, to Boston, Massachusetts, which is expected to revitalize Boston's business district and support local economic growth initiatives. The move will involve transferring at least 700 employees to a new facility in Boston's Seaport District by the end of 2026. Hasbro's CEO highlighted the advantages of Boston's business environment and its partnerships in technology and innovation. This relocation poses a challenge for Rhode Island, where Hasbro is a significant employer, and the company is set to receive a $14 million state tax break as part of the transition. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/09, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:187816152
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