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State Farm reacts to relocation speculation

Sun, 17 Feb 2013 14:45:32 CST
By: Willis Kern and Charlie Schlenker

State Farm reacts to relocation speculation A prominent conservative blog site is the latest to speculate Bloomington-based State Farm Insurance is poised to pull up central Illinois roots and relocate its home offices to one of three southern cities. Breitbart.com is posting that State Farm has all but decided to pull the plug on the twin cities and head to either Atlanta, GA, Dallas, TX or Phoenix, AZ. The blog cites recent newspaper reports in Dallas and Atlanta, and claims to have inside knowledge of an email the company supposedly sent to management, suggesting there was some beef to the relocation rumors.

Thursday, State Farm Chairman and CEO Ed Rust communicated to all employees the company's desire to change and adapt to new technology through an effort known as Growing State Farm. The company's Phil Supple tells GLT Breitbart's blogger never contacted State Farm for a response and would only say the report appears to be "speculation about speculation." In a statement, Supple says some growth is planned for the three cities named plus other areas familiar to State Farm. He says decisions about State Farm's future will be made, some sooner and others years later. He notes the headquarters remains in Bloomington and no details are available to share at this time.

Here is the statement released to GLT from State Farm spokesman Phil Supple:

As it has done throughout its 90-year history, State Farm continually reviews its facilities, looking to ensure employees are in the right places to provide the best service possible for our customers. Customers' expectations continue to evolve and we need to adapt as those expectations change. Decisions will be made over time - some happening sooner - others years later. What we can confirm is that:
       Our company headquarters remains in Bloomington, Illinois.
       We are expanding our established presence in Atlanta, Dallas and Phoenix.
      In addition to these locations, we will continue operating in a number of communities where we have an established presence. Our review is ongoing.
We do not have further details to share now but when we do we will be certain to communicate with our agents, employees and associates.
   


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