2nd Ward Alderman Bob Fioretti and Mayor Rahm Emanuel, Sara Lee Corporation “will relocate its North American Meats corporate headquarters in early 2013 to Chicago’s 400 S. Jefferson St.” Along with the new headquarters, 650 jobs will come to the 2nd Ward. Sara Lee owns the Jimmy Dean, Hillshire Farm, and Ball Park brands.
Earlier this year, Sara Lee said it would split into two separate pure-play companies in 2012. A pure-play company is devoted to one line of business. Sara Lee plans to have an International Coffee and Tea business and a North American Meats company. Names for the two companies have not been released.