Hasbro was founded in Rhode Island in 1923 as a company selling textile remnants, and in the following years, pencils and school supplies. They didn't really start selling and focusing on toys until the mid 1940s.
While there's no stated impact to the various brands Hasbro owns (G.I. Joe, My Little Pony, Power Rangers, etc, and of course, Transformers), it remains to be seen if the move will have any impact to those brands. Hasbro maintains that they will still be very much involved in the Pawtucket and greater Rhode Island area as far as partnerships and sponsorships go.
Those it will immediately affect, of course, are the Hasbro employees, who now face the option of moving to Boston, which is about an hour's commute from Pawtucket, or making the drive or taking a train for hours each day.
The reasons Hasbro gives for the move can be found in the article, but what it boils down to is a greater need for bigger and better options when it comes to logistics and creative talent. Hasbro hopes to complete the move by the end of 2026. Click on the photo below to be taken to the post.
