FoxFire Printing Undergoes Major Capex Project
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John Ferretti, CEO and owner of FoxFire, told the newspaper that the company will hire a variety of sales and production personnel. The expansion was aided by a $336,000 grant from the Delaware Strategic Fund and a $1 million loan. He expects revenues to reach the $45 million plateau this year.
The new employees will all be employed at FoxFire's facility here. The company also has a data processing center in Maryland and a distribution plant in Nashville, TN—Pinnacle Business Products—that was acquired in 2011.
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