Ithaca Company Moving Headquarters to Kentucky

Emerson Power Transmission will relocate its upstate New York headquarters to Kentucky.

The move is expected to affect about 55 high-level positions in Ithaca that will either move with the office or be repositioned to oversee local production.

"There will be some reductions in the workforce," said David Baldridge, a company spokesperson. The company said it would continue its Ithaca manufacturing operations, which employ about 400 people. The relocation of headquarters should be completed by fall of 2009.

Emerson Power Transmission took over the Ithaca operations in 1983 from Morse Chain, adding the site to its portfolio of factories constructing parts for mechanical transmission drives, components and bearings. Baldridge said part of the decision to move was to provide better access to the 14 Emerson plants.

The new headquarters will be in offices already owned by Emerson in Florence, Ky., which is outside of Cincinnati. Emerson Power Transmission is a division of Emerson Industrial Automation, whose parent company is the St. Louis-based Emerson.

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