Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: WEDNESDAY, March 7, 1990 TAG: 9003071904
SECTION: VIRGINIA PAGE: C-2 EDITION: METRO
SOURCE: GEORGE KEGLEY BUSINESS EDITOR
DATELINE: LENGTH: Short
The Minneapolis company said Tuesday that its Addressograph Division will consolidate two Maryland plants and another in Ohio at the Franklin County Industrial Park site, as well as moving its headquarters there.
Construction was to start today on the $3 million building and production is scheduled to start in late July. The metal and brick-faced structure will have 100,000 square feet of factory space and offices.
The new plant will have a payroll of $3.5 million. Its work force will include about 60 office and clerical employees.
Sanders Cochran, president of the Addressograph Division, said the company considered several other states and other Virginia communities before choosing the Rocky Mount site. He said this location is attractive "because of the availability of qualified labor and the strong work ethic here."
Top officials of the division will move but only a small number of employees are expected to move to Rocky Mount, according to Rick Huff, Franklin County administrator.
The Addressograph Division, now based in Walkersville, Md., makes almost a million imprinters each year for the financial, health, petroleum, retail, travel and entertainment markets. DataCard makes a number of types of the table-top imprinters.
by CNB