After news broke out last month that the company was considering moving out of Philadelphia, Aramark released a statement this morning saying they are not going anywhere.

In the statement the food service company said it looked at a variety of “key factors” while deciding on what to do after the lease on their current corporate offices at 1101 Market St. expires in 2018. Leaving the city was on the table said the company, but they opted to stay in Philly after evaluating the “overall business environment, access to talent, costs, diversity, transportation, and quality of life.”

“Ultimately, Aramark's longstanding home continues to be the ideal choice for us and we are excited to re-commit to the city, state and people that have been such an instrumental part of our growing company and will be in the future," said Eric J. Foss, Chairman, President & CEO

The company says it will make a decision by the end of the summer on where in the city it will move should it decide not to renew its lease at their current building.

Mayor Jim Kenney said he was glad to hear the company opted to stay within city limits. Aramark employs around 6,500 people in Philadelphia and has been headquartered here since 1961.