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Archive for Thursday, February 15, 2007

Kingston Printing moves to Eudora

Terms of the sale, scheduled to close Friday, have not been disclosed.

February 15, 2007

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— The former home to a medical manufacturer in Eudora is about to get new life as a printing center.

Kingston Printing Inc., a Lawrence-based commercial printer, is buying M-Pact Worldwide's former manufacturing space at 1310 Kistler Dr. in the Intech Business Park along the north side of Kansas Highway 10.

Terms of the sale, scheduled to close Friday, have not been disclosed. But Kingston owner Dick Johnson said that he was paying less than the $1.4 million list price for the 5.2-acre site and its 40,000-square-foot building, which became available after BSN Medical Inc., a German company with U.S. operations based in North Carolina, bought M-Pact's assets in July with intentions to move the work to other BSN locations.

Once the sale closes, Johnson said, Kingston will start moving its printing presses, binding equipment, folders and other systems out of the company's three-building complex on Delaware Street in southeast Lawrence and into the Eudora center.

All 24 Kingston jobs will be moved into the Eudora building during the next six weeks, Johnson said. Another seven or eight employees should be on the payroll by the end of the year.

"We've had exceptional growth," Johnson said.

Comments

Bud Stagg 7 years, 10 months ago

I don't disagree with you that is the law in Lawrence. That is also why every other city is out recruiting lawrence for new business and that businesses are leaving. I don't know where you got the idea that fair wages had anything to do with bringing industry in, that is a deterent to any business. It's the tax savings that brings them in. It should be a competitive environment that sets wages.

The current commission is set on making Lawrence a socialist Utopia. Unfortunatley they need to wake up and realize that doesn't work in America. What is the last major business to take on our tax advantage? I bet API ends up going somewhere else, they just inquired for help but they have a lot of other options. I bet Lawrence loses again.

KsTwister 7 years, 10 months ago

How many jobs did M-Pact lose? Anybody?

Godot 7 years, 10 months ago

I don't know about M-Pact, but Lawrence just lost 24 non-government jobs, and Eudora gained 32. Big loss for Lawrence, huge gain for Eudora.

Sigmund 7 years, 10 months ago

I think we need a new tax and hire several consultants to bring those jobs back to Lawrence!

justsomewench 7 years, 10 months ago

marion, what does the current commission have to do with mpact's patent expiring or their business decision to move more of their manufacturing south of the border?

help us understand what magic could've been done there?

Michael Stanclift 7 years, 10 months ago

Godot, my guess is that those 24 Lawrence workers will probably make the commute to Eudora. It's not like we're talking about Payless moving to the east/west coasts here. 5 miles.

fletch 7 years, 10 months ago

"Marshalus, right. Who cares?"

The nutties that sit here all day long and complain about the world outside.

Bud Stagg 7 years, 10 months ago

Wench, I bet Eudora maybe gave them a tax deal without requiring them to pay above average wages.

Godot 7 years, 10 months ago

Hershey just moved to Mexico. Wonder why they did not re-locate to Lawrence?

justsomewench 7 years, 10 months ago

joehawk- on the contrary - tax incentives typically require paying standard wages or above for the particular positions they're housing. if an engineer makes $X/year based on annual state surveys, the company is required to pay $X at a minimum.

tax incentives are to bring industry to an area AND a fair wage. that's why many lawrence businesses have come into question for their own adherence. they took the incentives but failed to live up to the promises of job growth and failed to pay the wages they were supposed to.

lovely, eh?

no, mpact had a patent expire and just moved more of their manufacturing south. can't blame tax incentives for that.

Sigmund 7 years, 10 months ago

The PLC and their Business Czar would like you to believe they can manage your economy and plan smart growth. To do so they have to manage the shrinkage as well. So what have they done to prevent this loss or how have their smart growth plans taken into account this loss? The truth of the matter is that "planned economies" are almost never as vibrant nor able to adapt to unexpected change as freer ones.

The one dominant characteristic of modern economies is unexpected change. The complexity of even the smallest of economies, like Lawrence, is beyond their ability to do little more than guess, and they know it. Their smart growth rhetoric is little more than a pseudo-scientific cover for their deep seated hatred and prejudice against successful businesses. Their vision of the future is of a time that has long since past. The longer they remain in positions of power in this town, able to impose their anti-business anti-growth policies, the more likely you should expect to see net job losses and not job gains.

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