"Over the decades, Meadowbrook has evolved from a small retail agency into a nationally recognized risk management company," says Meadowbrook chairman and founder Merton J. Segal. "This new building symbolizes Meadowbrook's continued strength, the confidence in our industry position and in our future growth."
"We have spent considerable time assessing our options and various locations to realize the most financial and efficient results," says Meadowbrook president and CEO Robert S. Cubbin. "This decision represents the most cost-effective and efficient use of Meadowbrook's resources due to current low interest rates and stable building costs."
"Meadowbrook has been a model corporate citizen of Southfield for more than 40 years," says Southfield Mayor Brenda L. Lawrence. "We are gratified that they have extended their strong commitment to our community."
Meadowbrook did not say what its plans are for its existing headquarters at 26600 Telegraph Rd.
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