Business Services Industry
Move to Raleigh, N.C., Area Could Prove Lucrative for Phone-Book Publisher.
Knight Ridder/Tribune Business News, July, 2003
By Karin Rives, The News & Observer, Raleigh, N.C. Knight Ridder/Tribune Business News
Jul. 25--When R.H. Donnelley moves its head...uarters to the the Triangle early next year, it will become the fourth Fortune 1,000 company that calls the region home, along with Progress Energy, Martin Marietta Materials and Quintiles.
The company will raise the profile of the local business community, but the relocation is also a good deal for the phone book publishing company.
R.H. Donnelley expects to spend an estimated $12 million to consolidate its dual head...uarters in Purchase, N.Y., and Overland Park, Kan., at a site to be determined in Wake or Durham County. The company expects to recoup that, and a lot more, during its first decade in the...
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