The Oregonian reports drive-thru chain Dutch Bros said this week it will spend as much as $41 million on relocation costs, severance benefits and capital expenses when it relocates 40% of its corporate jobs from its Grants Pass headquarters to the company's office in Arizona.
Dutch Bros announced the move last month, saying it wanted more corporate employees to be working closer to a major airport and closer to the company's rapidly growing markets in the South and Southwest. The company hasn't said publicly how many jobs are going to Arizona, but some who decline to make the move will lose their jobs.
"Employees asked to move to Phoenix will receive a financial package regardless of their decision," the company said in a written statement. Employees who decline to move will receive severance payments and those who relocate will receive bonuses.
In a regulatory filing Wednesday, Dutch Bros said it will spend between $19 million and $26 million on those costs.
The company said it will spend another $5 million in consulting fees and other costs, and between $6 million and $10 million to expand the Phoenix office.
New Dutch Bros CEO Christine Barone lives in Arizona but the company’s headquarters will remain in Grants Pass, where co-founder and chairman Travis Boersma lives.
Dutch Bros had 831 drive-thrus in 16 states at the end of last year and plans to have nearly 1,000 by the end of this year.
