Aramark Will Stay in Philadelphia

Aramark, a Philadelphia institution, will stay local. The world’s largest U.S.-based provider of food and facilities services and uniforms was considering a move, considering the fact that its current lease is up for expiration in 2018. The company employs some 6,500 people in the Philadelphia area and over 14,000 people worldwide.

After weighing all its options, Aramark has decided to keep its world headquarters in Philadelphia. (Matt Rourke / AP)

Aramark released a statement Thursday announcing that they have been looking at potential new locations since last year, with their lease expiration looming. According to the statement: “A recently completed formal review assessed potential states and cities, including Philadelphia — the company’s home since 1961. A variety of key factors were evaluated that included the overall business environment, access to talent, costs, diversity, transportation and quality of life.”

Mayor Jim Kenney stated that he is “ecstatic” that Aramark has made the decision to keep its world headquarters in the City of Brotherly Love.

Aramark has another decision at this point: whether it will keep its current lease on the building at 1101 Market Street or if it will scout for another location. It is expected that the results of that question will be announced by the end of the summer.

Governor Tom Wolf released a statement on Aramark’s decision: “I am pleased that Aramark will continue to call Philadelphia home. Aramark is one of Pennsylvania’s largest employers, with more than 14,000 employees across the state. The decision to remain here is good news for our workforce and Pennsylvania’s overall economy. We look forward to continuing to work with Aramark through their site selection process.”

Aramark, in turn, released a statement: “This is an exciting time for Aramark as we capitalize on every opportunity to better serve our clients and accelerate our growth and success,” said Eric J. Foss, Chairman, President & CEO. “I want to thank each market that participated in what was a very strong competition as we carefully explored all our options. Ultimately, Aramark’s longstanding home continues to be the ideal choice for us and we are excited to re-commit to the city, state and people that have been such an instrumental part of our growing company and will be in the future.”