Teespring Invests $22 Million To Establish Manufacturing Facility In Hebron, Kentucky
09/10/2014
The company will locate in a 105,000-square-foot facility on Aviation Boulevard and is expected to be operational early next year. In addition to the new jobs, Teespring also plans to purchase 60 presses and other equipment. Northern Kentucky beat out Texas for the project thanks to the Commonwealth’s tax structure, skilled labor and strong shipping hubs.
“Teespring is very excited to launch our first production and fulfillment facility in northern Kentucky,” said Walker Williams, CEO of Teespring. “We believe the talent in this area in the fields of technology, maintenance, production and fulfillment, combined with the cultural alignment of Teespring and the community, lends itself to the perfect opportunity of creating a world-class facility.”
To encourage the investment and job growth in Hebron, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives of up to $2.5 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
Teespring was created in 2011 in response to a growing demand for small-to-medium order custom tee shirts used in fundraising and organization identity. Historically, the California-based company has used a network of suppliers to fulfill orders. The new facility will allow Teespring to bring a larger percentage of its production in-house.
“The Commonwealth is excited to welcome Teespring and its plans for nearly 300 new jobs with the location of its production facility in northern Kentucky,” said Governor Steve Beshear. “Kentucky continues to prove it is an ideal location for national companies, and this project is yet another great illustration of our success.”
“Northern Kentucky is a logistics hub, and we welcome Teespring and the hundreds of jobs it will create in Boone County,” said Rep. Addia Wuchner, of Florence. “The amount of cargo traffic handled at Cincinnati/Northern Kentucky International Airport has increased—by almost 10 percent in 2013—steadily over the last several years.”
“Northern Kentucky’s central location, transportation infrastructure and skilled workforce helped us bring Teespring to Boone County,” said Steve Arlinghaus, Kenton County Judge-Executive/Chairman of Northern Kentucky Tri-County Economic Development Corporation. “DHL’s strong presence and the logistics strengths of our region are second to none.”
Project Announcements
Duchess Dairy Expands Wythe County, Virginia, Operations
12/20/2024
Doc’s Diesel Plans Bryan, Ohio, Operations
12/20/2024
IAG Aero Group Plans Bay County, Florida, Operations
12/20/2024
Flora Food Group Plans Hugoton, Kansas, Manufacturing Operations
12/19/2024
Peak Energy Establishes Broomfield, Colorado, Battery Cell Engineering Operations
12/19/2024
LaserForm & Machine Expands Kershaw County, South Carolina, Metal Fabrication Operations
12/19/2024
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
How Automation Is Actually Closing the Labor Gap
Q4 2024
-
Why Decarbonization Goals Start with Site Selection
Q4 2024
-
Around the Horn with Amy Gerber and Kathy Mussio: Incentives and Workforce Development
Q4 2024
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Navigating Federal Incentives to Achieve Sustainability Ambitions
Q4 2024