Toy and game company Hasbro, Inc. announced it is relocating its Rhode Island operations to Massachusetts.

The company’s primary headquarters for its toy, board game and licensing business, and a majority of corporate services will soon find a new home in Boston’s Seaport District.

Governor Maura Healey says the move is expected to bring at least 700 jobs to Massachusetts.

The Healey-Driscoll Administration said it has been working closely with Hasbro while the company evaluated where to relocate its headquarters.

Hasbro is expected to be fully moved into its new office by the end of 2026.

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