Des Moines, IA (KICD)– An Iowa based grocery chain is reportedly planning to move its corporate headquarters into the Des Moines metro.
Fareway C-E-O Reynolds Cramer told The Register he didn’t make the decision lightly as it was his great grandparents who opened Fareway’s first store in Boone in 1938.
Cramer said Fareway’s headquarters in Boone is out of space and many of the people who work there live in the Des Moines metro and is buying a building in Johnston that had been the Iowa Bankers Association headquarters. 100 employees will move into that building next spring.
Boone Mayor John Slight says Fareway will remain a vital corporate citizen of the city and 600 Fareway employees will still work in Boone.
Slight adds while disappointing, moving Fareway’s corporate headquarters to Johnston is important to the company’s continued expansion and that’s beneficial to Boone.
According to the company’s website, Fareway operates more than 130 stores in Iowa and six other states and has over 12-thousand employees.