twice connect

Olympus To Move U.S. HQ

4/06/2004 11:28:00 AM Eastern

Melville, N.Y. — Olympus confirmed plans to shift its U.S. headquarters and distribution center from its offices here to Upper Saucon Township, Pa.

The move, slated to occur in August, 2006, was spurred by cost-savings and an expired lease on the company’s Melville facilities.

According to Olympus, the company began studying the prospect of relocation two years ago, examining 16 different sites from the Midwest to the East Coast.

In the end, a generous tax abatement from Pennsylvania, which Olympus said represented "tens of millions of dollars" of savings, tipped the scales in favor of the Lehigh County location.

Olympus has called Melville home for roughly nine years after it consolidated two New York offices into its single Long Island headquarters. It will offer all 840 employees "in good standing" an opportunity to make the move.

Ultra HD OLED TVs In IFA Spotlight

At IFA, all Ultra HD makers are quickly expanding

Jack Wayman, the Father Of International CES

Tributes continue to pour in for Jack Wayman, who

Nationwide PrimeTime 2014

Scenes from Nationwide PrimeTime buy fair held in

ProSource Meeting Filled With Optimism

San Antonio — Optimism reigned at ProSource’s

Ingram Draws 500 To Spring Vendor Expo

Scottsdale, Ariz. — Ingram Micro Consumer