Mitigating community impact resulting from capital redeployment.
Corporations sometimes find it necessary to close operations in small or mid-size communities. It is important to protect the corporation’s brand name and image, but also to minimize the impact to the community. Partners consults with local communities, their economic development organizations and state government to help identify new uses for the properties impacted and job support for affected employees. Partners has been successful mitigating job losses and image issues for a major corporation when it has disposed of excess property acquired through a merger.