Topps Renews NYC Lease; CEO Talks
Topps is celebrating its 60th anniversary this year and they're planning on celebrating #70 in precisely the same location.
Based in New York from the outset, CEO Ryan O'Hara revealed to CNBC that the company has extended the lease of its lower Manhattan offices for ten more years. The company does have manufacturing facilities in both Pennsylvania and Texas.
Outsourcing to other nations might result in lower prices, but O'Hara said that isn't in the cards. His uniquely American products like baseball and football cards, would be difficult to do well if significant amounts of the work were done elsewhere, especially since most of them are created for a U.S. audience.
"The business relies on creativity and the quality of its people," O'Hara told the network.
"If you think about our products, we're tied to the great sport of baseball and football, America's two largest sports, and we make products that kids really enjoy and really like. And to do that with American products and American workers really makes us proud,” said O’Hara.
Watch more of O'Hara's visit in a CNBC report, "Made in America":
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