Cedar Rapids’ largest employer is moving its executive headquarters to Florida. Rockwell-Collins is being acquired by United Technology Corporation, and renamed Collins Aerospace Systems.
That announcement was made last year, and since then there’s been speculation - and fears - that the company’s headquarters would be moved away from Cedar Rapids.
Confirming those fears, U-T-C says Rockwell-Collins’ executive headquarters are moving to Palm Beach County, Florida. The company’s avionics and mission systems are remaining in Cedar Rapids.
Rockwell-Collins employs about 30,000 people around the world. About 8000 are at the Cedar Rapids headquarters. UTC has previously said the executive headquarters location would affect a relatively few employees, but that wasn’t specified in today’s announcement.