IWCO Bolsters NC and NY Facilities
CHANHASSEN, MN—IWCO Direct will expand its Elm City, NC, plant and consolidate three Long Island facilities into one, moves that will add 350 new positions to the organization. Elm City is the former Cox Target Media Valpak production facility, acquired by IWCO Direct in October of 2006. The deal included a phased transition to be completed in the fourth quarter of this year but, based on performance results and operational costs, the facility will be expanded beyond the initial plan to include a “super commingle” site to drive postal optimization strategies.
“The value of commingling has been proven by the May postal rate increase,” reports Jim Andersen, IWCO Direct president and CEO. “We have clients who have seen a decrease in postage costs since May based on IWCO Direct’s commingling, logistics and address hygiene solutions.”
IWCO Direct’s commingling capacity will increase 35 percent. This expansion is in addition to its previously announced plans to invest $30 million in the Elm City facility during the next three years.
IWCO Direct will also consolidate its three Long Island operations into one location in Melville, NY. The company will invest more than $2 million in the plant, including the addition of four-color digital printing capabilities.
While the consolidation will result in the loss of about 200 positions, the overall plans should net more than 350 new jobs, bringing the company’s payroll to 2,000-plus employees.
- Companies:
- IWCO Direct