Business & Tech

Hasbro Pulling Out Of Pawtucket And Heading To Boston

The company announced the move Monday.

Hasbro is moving its Rhode Island operations from Pawtucket to Boston.
Hasbro is moving its Rhode Island operations from Pawtucket to Boston. (Rachel Nunes/Patch)

PAWTUCKET, RI — Hasbro's pulling out of Pawtucket and heading for Boston.

The international toy and entertainment holding company announced the move Monday.

"Today, Hasbro, Inc., a leading games, IP, and toy company, announced it will relocate its Rhode Island operations to 400 Summer Street in Boston’s Seaport District," the company said in a news release.

Find out what's happening in Pawtucketfor free with the latest updates from Patch.

See also: These Are The Top 10 Employers In RI In Forbes Ranking

"This new location will be the primary headquarters for Hasbro’s toys, board games, and licensing businesses, and a majority of its corporate services," the release said. "This strategic move positions the company to accelerate innovation, attract top talent, and drive long-term growth in line with Hasbro’s Playing to Win strategy which emphasizes play-driven engagement and collaboration with partners."

Find out what's happening in Pawtucketfor free with the latest updates from Patch.

At least 700 full-time employees are expected to relocate from Rhode Island to Boston by the end of 2026, according to the release.

Rhode Island Gov. Dan McKee issued a statement asserting the Ocean State is "the best place for Hasbro to call home," while touting the creation of jobs under his administration.

See also: Rhode Island Jobs Grew By 500 In July: Department Of Labor

"We continue to attract and grow companies in innovative industries like ocean technology, life sciences, offshore wind, defense, cybersecurity, AI, logistics, and more," McKee said.

Hasbro's iconic line of toys and games includes Play-Doh, Nerf and Monopoly.

See also: Rhode Island Minimum Wage To Increase $2 In 2 Years

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