Playmates Toys is moving its U.S. offices to Los Angeles from Costa Mesa, CA. The company expects to be settled into its new home by April 1st.
This move is a part of the company’s restructuring plan that aims to reduce overhead of the U.S. organization. Playmates’ key brands include Nickelodeon’s Teenage Mutant Ninja Turtles & iCarly, Michael Jackson, Hero:108, DreamWorks’ Shrek, and Rainbow Brite.