Employees to move to North Castle by March 2017
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http://chappaqua.dailyvoice.com/news/ibm-to-sell-somers-campus-move-employees-to-armonk-report-says/660418/
" If IBM departs from Somers, it would be the town's second big corporate departure in two years.
Beverage and snacks conglomerate PepsiCo opted to move its employees out of Somers, where it had a presence in various forms since the 1980s, and relocate them to southern Westchester. That campus was bought last year by a limited liability company that is linked to Mexican business tycoon Carlos Slim. It is not clear what plans the new owner has for the property."
Today, an email was sent to employees at both sites.
Both are under-utilized and under-capacity...
North Castle is a more attractive site in terms of location - proximity to NYC, White Plains, etc.
Lots of renovation needed in NC site so target is 1Q17.