For those reasons, Dayton wasn’t in the mix as a possible site for the new printing center, Morgan said Tuesday. “I would say Dayton was not a reasonable place for this,” he said in an interview.
“This will be a very unique facility in our network and candidly in the marketplace,” Morgan said.
A press release from an Indiana development organization quoting Indiana Gov. Mike Pence and others said the site could have up to 360 employees to 2016.
The 335,000-square-foot center will provide Standard Register customers “more flexible delivery options and improved speed-to-market for communications products, services and solutions,” the company said in its statement.
The Indiana Economic Development Corp. offered Albany Street-based Standard Register tax credits and a training grant along with enterprise zone investment deductions, the company said.
“Standard Register’s $10 million investment in this new center of excellence allows us to operate more efficiently, advance our digital printing capabilities and leverage the deep capability of the local workforce to better serve our customers,” Morgan said in the company’s announcement.
Morgan said the site will be an existing building, which the company will renovate.
The center, which is expected to be open early in the third quarter this year, will use technologies for color management, planning and scheduling, the company said. The center will also offer distribution and kitting services similar to other Standard Register facilities, including secure storage areas, order fulfillment, track and trace and more, the company said.
Standard Register has 523 Dayton employees and about 2,180 employees total. Morgan said Tuesday it was too soon to say precisely how many employees the new center will have. The number of employees will depend on the technology within the center, he said.
The Indiana release — from the One Southern Indiana and Economic Development organization — said the Indiana Economic Development Corp. offered Standard Register up to $2.3 million 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 (Indiana residents) are hired, the company is not eligible to claim incentives,” that release said. “At the request of 1si (One Southern Indiana), River Ridge Development Authority will consider additional property tax abatement through the business park’s enterprise zone.”
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