Mimeo.com, an innovator of online, on-demand printing for business documents and marketing materials, has opened a 75,000 square foot facility in Newark, New Jersey, to handle its increasing customer base. The number of employees is expected to triple over the next 18 months, bringing much needed jobs to the state.
“The opening of our new, state-of-the-art facility in Newark, NJ is an important step toward strengthening Mimeo.com’s production, distribution and overall time to market on the east coast,” stated Adam Slutsky. “It also allows the company to confidently offer a multiple location production model that many of our clients demand. Newark affords us many advantages including its proximity to a major transportation hub, distance from our Manhattan based headquarters, a skilled labor pool and the support received from the Mayor’s office and the State of New Jersey.”
The facility has the capability to produce more than a million printed pages daily, as well as thousands of bound documents and gives the company two of the most advanced digital printing hubs in the world.
The New Jersey Economic Development Authority supported Mimeo.com’s expansion through the State’s Business Employment Incentive Program. The agency provides annual cash grants to projects relocating or hiring new jobs in the State. Mimeo.com also received technical assistance from Brick City Development Corporation, the City’s economic development corporation, for site plan approval and the processing of permits within the City of Newark.
Noting the company’s record sales and growth, Slutsky continued, “At a time when many US-based businesses are cutting back their production and distribution facilities, and cutting head count, Mimeo.com is going in the opposite direction: we recently had our most successful month in Mimeo.com history. Mimeo.com had record sales in the month of September increasing revenue by 18% in the month of September vs. the same period last year.”
Mimeo.com recently hired 98 new application development and sales professionals to its 550-person employee roster, and expects to hire at least 85 more by year’s end. Just a little over a year ago, Mimeo.com announced the completion of a $25 million round of financing lead by Goldman Sachs Principal Strategies Group contributing to the new Newark facility, the opening of a sales office in San Mateo, California, and technology upgrades. Mimeo’s original world class facility is located in Memphis, TN.
Reviewed the online video and preformed an extensive web search on this company. It seems very stable in this poor economy, a welcomed sight. I have an interview in 2 days with them. I hope everything goes well as it seems to be one of the best companies to work for. I was very impressed by what I saw.
Newark is a thriving community. The community has a lot to offer, despite the negativity stigma of the city. Believe in Newark New Jersey!