AP: Pearson PLC to relocate 600 jobs to NYC by 2014

NEW YORK — Officials say Pearson PLC plans to relocate 600 jobs to New York City by the summer of 2014.

The announcement was made Monday by Mayor Michael Bloomberg and Pearson North America Chief Executive Will Ethridge.

The expansion includes the relocation of employees from Upper Saddle River, N.J., and White Plains, N.Y. The company also plans to create new media and technology jobs.

Pearson will lease space in a newly renovated building at 330 Hudson St. in Manhattan. Part of its operations already are based in the Hudson Square ne

ighborhood.

The city and state provided incentives.

Pearson's U.S. businesses include Pearson Education, The Financial Times Group, and Penguin Group U.S.

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