Proximity to transit? Tax incentives? Labor force? Why do major corporations choose to stay in — or in some cases, move to — cities?
At NJ Spotlight On Cities, we looked at that question through the lens of two CEOs whose corporate headquarters are in Newark: Ralph Izzo, president and CEO of PSEG and Joe Taylor, chairman and CEO of Panasonic North America. While PSEG has long been associated with Newark, Panasonic recently decided to bring its corporate headquarters to town. The two spoke at length with Tom Moran, the editorial page editor and columnist for the Star-Ledger/NJ Advance Media.