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Expansion of Worldcolor in Simpson County, KY

04/06/2010
Worldcolor - one of the world's largest printers of magazines, catalogs, newspaper inserts, books, directories, and direct mail products - plans to expand its facility in Franklin, Ky. The expansion will create 135 new full-time jobs and represents a capital investment of more than $9.7 million.

The company, which currently employs approximately 425 people at its 460,000-square-foot Franklin facility, is planning to expand by another 105,000 square feet. Worldcolor will add binding machines and upgrade selected presses to position the site for a significant increase in customer print volume to service magazine and catalog customers.

The Kentucky Economic Development Finance Authority preliminarily approved Worldcolor for tax incentives up to $1.95 million through the Kentucky Business Investment program. The incentive can be earned over a 10-year period through corporate income tax credits and wage assessments.

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