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PRESS RELEASE: Epson To Build New Distribution Center In Plainfield, Ind., To Accommodate Growing Demand
Facility Will Create More Than 130 Additional Jobs for Indiana Residents
LONG BEACH, Calif. - July 5, 2005 - Epson America, Inc. today announced plans for the construction of a new distribution facility in Plainfield, Ind., a suburb of Indianapolis. The new 750,000-square-foot facility will create more than 130 additional jobs and expand Epson's capacity to meet growing demand for its vast array of digital imaging products.
Construction of the state-of-the-art facility - which will handle warehousing and distribution, a repair depot and sales of parts and accessories - is expected to start later this month and is scheduled for completion on April 1, 2006. All current employees will relocate from the existing 462,000-square-foot Indianapolis facility to the new location in June 2006.
Epson has committed to adding more than 130 jobs at the new facility over the next five years, bringing the total to more than 500 jobs at this new location. The construction represents a significant capital investment for the company.
"This project is an important economic win for both Hendricks County and the state of Indiana," said Patricia R. Miller, Secretary of Commerce and CEO of the Indiana Economic Development Corporation. "We hope this is a trend many other companies in the state will follow."
When Epson realized that expansion to accommodate its business growth was not possible at its current location in Indianapolis, the company decided to look for a new location that would be convenient for current employees, was conducive to attracting future employees and offered a good transportation infrastructure. Epson finalized the construction site negotiations and plans with assistance from Grubb & Ellis Company, the Hendricks County Economic Development Partnership, the Town of Plainfield, the State of Indiana, the not-for-profit Indiana Economic Development Corporation (IEDC), The Indy Partnership, and Panattoni Development Company, LLC. Epson is represented by Colliers Turley Martin Tucker (CTMT) and Grubb & Ellis Company.
"Because of the growth in our business, we have outgrown our current facility, so we are thrilled to be able to move forward with construction of the new facility," said John Lang, president and CEO, Epson. "The expansion will enable more efficiencies in our business operations while contributing to the economic viability of Indianapolis. The Town of Plainfield and State of Indiana were very accommodating, and we look forward to future successes in the new facility."
"We are ecstatic about Epson's decisions to locate in Plainfield," said Robin Brandgard, president of the Plainfield Town Council. "As a world class company, Epson epitomizes the type of investment Plainfield wants to attract to the community, and we are pleased to welcome Epson as our newest corporate citizen."
About Epson America Inc.
Epson offers an extensive array of award-winning image capture and image output products for the consumer, business, photography and graphic arts markets. The company is also a leading supplier of value-added point-of-sale (POS) printers and transaction terminals for the retail market. Founded in 1975, Epson America, Inc. is the U.S. affiliate of Japan-based Seiko Epson Corporation, a global manufacturer and supplier of high-quality technology products that meet customer demands for increased functionality, compactness, systems integration and energy efficiency.
Epson America, Inc. is headquartered in Long Beach, Calif.
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(First posted on Tuesday, July 5, 2005 at 22:09 EDT)