KY: Teespring to Invest $22M to Locate in Hebron, Hire 299
11 Sep, 2014
Nearly 300 new jobs are coming to northern Kentucky. Gov. Steve Beshear announced Teespring Inc. plans to open a new facility in Hebron.
Teespring, a manufacturer of custom T-shirts used for fundraising campaigns, plans to create up to 299 new jobs and invest nearly $22 million into the project.
“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 Gov. Beshear. “Kentucky continues to prove it is an ideal location for national companies, and this project is yet another great illustration of our success.”
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.”
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.
“Teespring joins a growing number of e-commerce companies that call northern Kentucky home,” said Sen. John Schickel, of Union. “Nearly 300 new jobs will put many people in our region to work.”
“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.”
“We welcome Teespring to Boone County and thank them for choosing northern Kentucky for this new facility,” said Boone County Judge-Executive Gary Moore. “Boone County has one of the lowest unemployment rates in Kentucky because of the diversity of businesses located here and the investment and success of new companies like Teespring.”
“Northern Kentucky’s central location, transportation infrastructure and skilled workforce helped us bring Teespring to Boone County,” said Steve Arlinghaus, Kenton County Judge-Executive and chairman of Northern Kentucky Tri-County Economic Development Corporation. “DHL’s strong presence and the logistics strengths of our region are second to none.”
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.
To learn more about Teespring, visit www.teespring.com
Information on Kentucky’s economic development efforts and programs is available at www.ThinkKentucky.com. Fans of the Cabinet for Economic Development can also join the discussion on Facebook or follow on Twitter. Watch the Cabinet’s “This is My Kentucky” video on YouTube.
A detailed community profile for northern Kentucky can be viewed here.
For more information about Northern Kentucky Tri-ED, visit www.NorthernKentuckyusa.com. Northern Kentucky Tri-ED can also be followed through social media channels via Facebook, LinkedIn, Twitter and YouTube.