DETROIT (WXYZ) - Mayor Dave Bing joined Bill Ludwig, the chairman and CEO of advertising agency Campbell Ewald, to announce that the company will relocate its headquarters from the city of Warren to downtown Detroit.
The global ad agency will move into the former site of the J.L. Hudson Co. warehouse, which is attached to Ford Field, the home of the Detroit Lions.
We're told Campbell Ewald signed a long-term lease for the five floors of what will be modern, open-space areas and offices.
Action News has learned that company executives are in discussion with the Detroit Economic Growth Corporation for any possible tax breaks for Campbell Ewald.
The company move to Detroit will affect paychecks because of the city's 1.2% income tax for non-residents who work in Detroit. Detroiters pay a 2.4% income tax.
Campbell Ewald's move is actually a return to Detroit. The company left the city and moved to Warren in 1978. The advertising firm is expected to bring nearly 600 employees to their new headquarters.
The relocation is expected to take place by December or January.
Campbell Ewald's move will put them closer to their clients which include; GM, Motor City Casino and Onstar.