Exclusive: Canadian company opening U.S headquarters in DeSoto
- Written by Korri Kezar Korri Kezar
- Published: 08 August 2018 08 August 2018
DeSoto, TX - A Canadian manufacturer of printed custom labels is establishing its U.S. headquarters in DeSoto. LabelCraft, headquartered in Toronto, has purchased a 38,000-square-foot industrial building at 2112 Jo Drive,
where it will perform full-scale production of its environmentally friendly label product.
LabelCraft purchased this 38,000 square-foot industrial building at 2112 Jo Drive in Desoto.
The company made its first foray into the region last year with its acquisition of Duncanville-based First Choice Labels. LabelCraft is using that purchase and its DeSoto hub to build a presence in the U.S., where it currently has no other facilities.
The company already has 10 workers in the area, but plans to grow to 25 employees at its new North Texas facility within a year. Some will work in office administration, but most will be skilled laborers running printing presses.
“Texas is a very business-friendly state and it’s easier, even though you have a lower unemployment rate, to find skilled workers,” LabelCraft’s CEO Brian Tomlinson said of the company’s decision to build its U.S. headquarters in North Texas. “We have a challenge in the Toronto area to find skilled people who want to work. We don’t have that problem here.”
The DeSoto Economic Development Corp. offered LabelCraft a $150,000 grant to defray the costs of remodeling and extending three-phase electric power to the building. LabelCraft estimated the costs for those improvements would total more than $300,000, said Joe Newman, CEO of DEDC.
"DEDC often provides grants based upon amount of investment (cost of land, building, etc.) and the number of good paying jobs created," Newman said in an email to the Dallas Business Journal.
Long-term, Tomlinson said that LabelCraft plans to continue expanding locally, with plans to build a larger facility in five to 10 years. That will help the company continue to meet demand, and allow it to supply to other label facilities and companies.
Addison-based Biel Partners represented First Choice and LabelCraft in the acquisition of the DeSoto building.
“The best part of our business is helping innovators find a place to keep innovating,” John Bielamowicz, president of Biel Partners, said in a prepared statement. Being a part of environmentally sustainable manufacturing growth in North Texas is something we’re incredibly proud of.”
Source: Dallas Biz Journal