MOM Brands is moving its headquarters and 100 jobs to Lakeville.
Last week, the family-owned cereal maker—formerly known as Malt-O-Meal—announced it will move its main offices from the IDS Center in downtown Minneapolis to the Fairfield Business Campus.
The move is expected to be completed in 2014, says the MOM Brands website.
The new headquarters will be housed in a building MOM Brands intends to purchase that’s adjacent to the company’s technical center, at 20802 Kensington Blvd.
About 200 people work at the Lakeville technical center, which has been open since 2009, says the MOM Brands website.
The future headquarters building is currently occupied by New Morning Windows, a custom window manufacturer, according to a Lakeville Community and Economic Development Department industrial park map.
The city’s director of community and economic development, Dave Olson, told the Star Tribune he was unaware of New Morning’s plans.
The two buildings in Lakeville have more than 165,000 square feet spread over more than 20 acres, creating a corporate campus for MOM Brands, the company's website says.
"We think it's going to strengthen our business quite a bit," Linda Fisher, MOM Brands’ director of marketing and communications, told the Star Tribune.
The company has been based in Minnesota since founder John Campbell started the company in Northfield in 1919. Its headquarters had been in the IDS Center since 1985.
In addition to its current offices in Lakeville and Minneapolis, MOM Brands operates two manufacturing plants in Northfield and distribution centers in Faribault and Albert Lea. Outside Minnesota, the company has offices in North Carolina and Utah, a production facility in Iowa and distribution centers in Utah and Tennessee.
The Star Tribune says MOM Brands is expected to close on the new headquarters building within 90 days.