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A lame duck gets the last quack? … And, the guv weighs in

Post by Lewis Kamb / The News Tribune on Sep. 9, 2009 at 1:31 pm with No Comments »
September 28, 2009 1:34 pm

Two-term Seattle Mayor Greg Nickels, who last month failed to advance to November’s general election, today issued the following press release about Russell Investments’ plans to leave Tacoma for Seattle:

SEATTLE – Mayor Greg Nickels today issued this statement regarding the announcement by Russell Investments that it will relocate its headquarters to Seattle:

“I am pleased with today’s announcement that Russell Investments has decided to locate in downtown Seattle. We warmly welcome Russell and its employees. With an international reputation, Russell will be a tremendous addition to our city. We know that Russell evaluated all its options and considered many factors in making this business decision, and I am heartened by its conclusion that Seattle is an excellent place to do business. Across the world, Seattle is known for its innovative companies and we look forward to having Russell join our community. As we welcome the employees of Russell Investments, we recognize the effect of Russell’s decision on our neighbors in Tacoma. Ultimately, the most important fact is that workers can stay in the Puget Sound area and that a prominent company will continue to call the Northwest home.”

Not to be outdone… Gov. Chris Gregoire has weighed in with her own press release on Russell’s move:

“I am delighted that Russell has decided to stay in the state of Washington, ensuring that those important jobs remain in the Northwest. I certainly understand the disappointment of the Tacoma community. I know the city did an outstanding job of presenting its case. Russell Investment Group has been a major employer in Pierce County, and has played an integral role in shaping downtown Tacoma. After talking with Russell CEO Andrew Doman, I respect this was a difficult business decision, and wish the company continued success at its new location.”

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