Dr. Andrew Brod, senior research fellow in the Center for Business and Economic Research, which is affiliated with the Bryan School of Business and Economics, was interviewed by the News & Record regarding how the possible loss of the Lorillard tobacco headquarters would affect Greensboro.

“My take on this is, this is more likely to have a negative effect on executive and managerial jobs at its Greensboro headquarters rather than at its Greensboro manufacturing plants,” Brod said. “My concern is that Greensboro doesn’t have a lot of headquarters.”

Many jobs are at stake, as well, since Lorillard employs 1,800 people in Greensboro. With a steadily declining workforce of people in the tobacco industry, the Greensboro-High Point metro could see more losses in well-paying traditional jobs that will never return.

Also, without this particular headquarters, the city’s charity community would struggle under the pressure of replacing “one of our [Greensboro’s] outstanding corporate citizens,” he said.

“Their involvement in the community in this respect has increased over time,” Brod later added.

In 2013, Lorillard raised more than $1 million for the United Way of Greater Greensboro, as well as donated $1 million to the effort to build the Steven Tanger Center for the Performing Arts.

“This doesn’t sound like good news for Greensboro,” Brod said, “even aside from what might happen to manufacturing jobs.”

Bloomberg Businessweek also reposted this story.