Standard Register Invests $10 Million In Jeffersonville, Indiana, Digital Print and Distribution Center
The Dayton, Ohio-headquartered company will to lease and renovate a 335,000 square-foot facility in the River Ridge Commerce Center, a state certified shovel ready site in Clark County. The center, which is expected to be operational this summer, will house digital printing, kitting and distribution operations. Some operations from existing Standard Register facilities will be transferred to the new center, which will provide Standard Register customers more flexible delivery options, kitting services and improved speed-to-market for communications products, services and solutions.
The 100-year-old firm was founded by brothers John Q. and William C. Sherman and has since grown to more than 2,200 employees at 30 locations nationwide. The new Jeffersonville center will be Standard Register’s second Indiana location. The company also has a facility in Shelbyville, Ind. which employs approximately 85 full-time associates.
“The business climate in Indiana and desirable central location combined to make this a very attractive investment for Standard Register,” said Joseph P. Morgan, Jr., president and chief executive officer of Standard Register.
“Our business climate provides cost, workforce and location advantages that put Indiana on the map as a state that works for business,” said Governor Mike Pence. “We’re honored that Standard Register has chosen the Hoosier State to expand and more efficiently operate its business, creating many new career opportunities for Southeast Indiana workers.”
The Indiana Economic Development Corporation offered The Standard Register Company up to $2,300,000 in conditional tax credits and up to $175,000 in training grants based on the company’s job creation plans. These tax credits are performance-based, meaning that until Hoosiers are hired, the company is not eligible to claim incentives. River Ridge Development Authority will consider additional property tax abatement through the enterprise zone.
“We are overjoyed Standard Register chose River Ridge Commerce Center as its location for this exciting project,” said Jeffersonville Mayor Mike Moore. “The opportunities these 360 positions provide for our citizens are remarkable. And turning a vacant facility into an enhanced asset for both the company and the community is a definite win-win. The city of Jeffersonville wholeheartedly welcomes this dynamic company to our business community.”
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