KS: Accelerate360 to Expand in Olathe, Creating 167 Jobs
30 Mar, 2021
Kansas Gov. Laura Kelly applauded the announcement from Accelerate360, a marketing, sales, logistics, and media conglomerate, that it will be expanding operations in Kansas with the opening of a 455,000 square-foot facility in Olathe, Kansas.
The state-of-the-art facility will create 167 new full-time jobs in Olathe over the next three years and represents more than $31 million in new capital investment in the state.
“With our central location and strong workforce, Kansas is the best place in the nation to do business,” said Governor Laura Kelly. “A360’s expansion will create 167 new full-time jobs in Olathe and bring over $31 million in new capital investment to our state. As our economy recovers from COVID-19, we must continue to leverage our state’s many assets to attract new businesses, jobs, and investment.”
“We are very excited to work with the local community and representatives as we expand our growing operational footprint with this latest facility in Olathe, Kansas” said CEO of Accelerate360 David Parry. “Everyone, from the state to the local level, has been instrumental in working towards a successful launch in the spring of 2021 and helping to ensure that Accelerate360 becomes a meaningful part of the community as we continue to grow this extraordinary partnership.”
The company was originally founded more than 100 years ago and has a proven track record in Direct Store Delivery and Direct to Consumer fulfillment, as well as sourcing, retail program development, marketing, sales, category management, and media solutions. Accelerate360 is the largest magazine wholesaler in North America and owns more than 30 media brands, including US Weekly and Men’s Journal.
“A360 is an established, experienced company, and their decision to expand in Kansas is a major endorsement of our state’s standing as a business destination,” Lieutenant Governor and Commerce Secretary David Toland said. “Congratulations to A360 and Olathe on this new partnership. I look forward to many years of success and growth for this company and for the region.”
Accelerate360 is investing heavily in technology, data analytics, and system enhancements to increase their offerings related to the distribution of Consumer Packaged Goods and eCommerce fulfillment services provided to retailers, brands, and consumers.
“We would like to welcome Accelerate360 to the Olathe business community,” CEO of the Olathe Chamber of Commerce, Tim McKee said. “It is wonderful to have a company make this level of investment in capital and workforce during these times.”
Kansas and Accelerate360 were excited to work with the many partners on this project, including Brad Migdal, the Senior Managing Director at Cushman & Wakefield, who has assisted throughout the process.
(c)2003-2021 Trade & Industry Development is a publication of Due North Media - a division of Due North Consulting, Inc.
Copyright 2001-2021, Due North Consulting, Inc. -- All rights reserved.
The material on this site is protected by United States copyright and other intellectual property laws and may not be reproduced, rewritten, distributed, re-disseminated, transmitted, cached, displayed, published, broadcast, directly or indirectly, in any medium without the prior written permission of Due North Consulting, Inc.