CRAWFORDSVILLE, Ind. (WLFI) — Over 300 new jobs are coming to Montgomery County by 2016.
The world’s largest consumer book publisher, Penguin Random House, LLC, announced plans to consolidate a major portion of its U.S. distribution and fulfillment operations to Crawfordsville creating 313 new jobs.
The company will spend millions to expand, renovate and equip its Crawfordsville operations. The expansion is expected to grow its existing facility to one million square feet, which is expected to be operational by October. Officials said this will allow the company to double its annual book shipments.
Indiana Gov. Mike Pence said in a release that Penguin Random House has shown its ability to adapt to new trends in its industry.
“When businesses needed a more stable environment to place their investments, Indiana responded with balanced budgets and lower taxes. Today, Indiana stands out as a state that works because we’ve taken the proactive steps necessary to promote pro-business policies that build our economy and attract more jobs for Hoosiers,” Pence said.
Annette Danek, senior vice president and director of fulfillment of Penguin Random House, said in a release the city of Crawfordsville, Montgomery County and the state of Indiana have long been valued partners with their company in providing booksellers, authors and publishers with the very best in services.
“These strong relationships with the city, county and state, together with our investments in employee development and facility expansion, will enable us to strengthen our commitment to the future of print books and to physical retailers nationwide,” Danek said. “We deeply appreciate the opportunity to build upon the support and cooperation of the Montgomery County and Indiana to further grow our business.”
Penguin Random House publishes and distributes adult and children’s fiction and nonfiction print, hardcover, paperback, and audio titles and e-books across some 250 publishing imprints worldwide. The growth of the company’s Crawfordsville facility will allow Penguin Random House to unify its current U.S. operation centers into two locations, with the other facility in Westminster, Maryland.
The Indiana Economic Development Corporation offered Penguin Random House LLC up to $700,000 in performance-based tax credits and up to $100,000 in training grants based on the company’s job creation plans.
Crawfordsville Mayor Todd Barton said the city is very excited that Penguin Random House has chosen to expand their operations.
“They have become a valuable member of our community, and this expansion will provide additional employment opportunities for our residents,” Barton said in a release. “Their decision to invest in our community is truly a testament to the hard work that is being done to make us more competitive in economic development.”
Barton said the city of Crawfordsville and MCED worked very aggressively to ensure that they had a winning proposal to ensure the new jobs came to the community.
“And, of course, the fact that Crawfordsville is a home to the publisher of more than 70 Nobel Prize winners, and many of the world’s beloved and widely read fiction and nonfiction authors also makes us enormously proud,” Barton said.