Monday, September 08, 2025
LOGO: Hasbro
In a blistering blow to the Rhode Island economy, Hasbro formally announced it is leaving Rhode Island after more than 100 years and will be moving its corporate headquarters in Pawtucket to the Seaport District in Boston.
The announcement is a blow to Rhode Island’s economy and to public officials like Governor Dan McKee and Pawtucket Mayor Don Grebien.
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“Boston’s thriving business community, deep academic partnerships and cultural vibrancy, together with our Seattle team’s leadership in technology, creativity, and innovation, give Hasbro an unparalleled foundation for growth,” said CEO Chris Cocks.
The new Boston location will serve as the primary headquarters for Hasbro’s toys, board games, and licensing businesses, along with most corporate services. The company said the move supports its “Playing to Win” strategy focused on play-driven engagement and partnerships.
Governor Maura Healey said, “We are thrilled that Hasbro has chosen Massachusetts as the home of its new headquarters, and we’re ready to support the hundreds of jobs they will create here. We’re proud to welcome this iconic company to Team Massachusetts — where we are number one for education, health care and innovation.”
The 400 Summer Street facility, developed and owned by WS Development, will house teams that power some of the world’s most iconic brands, occupying seven floors across 265,000 square feet.
The new space will be home to at least 700 full-time employees expected to transition from Rhode Island to Boston by the end of 2026.
“I’m delighted to welcome Hasbro to its new home in Boston,” said Mayor Michelle Wu. “The creativity and wonder at the heart of Hasbro’s work are also at the heart of our mission to make Boston a home for everyone—the safest major city in the country and the best place to raise a family, with opportunities for all to Connect(4) and Play(-Doh). We look forward to supporting Hasbro’s transition to Boston and partnership with the city.”
While Hasbro is establishing a new home in Boston, the company’s ties to Rhode Island remain strong.
Hasbro is building a structure that strengthens speed, agility, and innovation. Boston and Seattle are two of the nation’s leading innovation and tech centers, serving as talent magnets that will help Hasbro harness the full power of the company’s portfolio and unlock growth in both physical and digital play.
With locations anchoring the East and West Coasts of the U.S., Hasbro is reinforcing its position as a global company with a footprint to match. Beyond Boston and Renton, Hasbro operates campuses and manufacturing sites across the broader U.S., as well as major offices in Hong Kong, London, Mexico City, and Montreal. Each plays a critical role in the company’s creative pipeline, digital innovation, and operations. These locations strengthen Hasbro’s ability to deliver world-class brands and experiences to fans and families around the globe.
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