Louisville, KY - CafePress Inc. will move its global headquarters from San Mateo, California to Louisville, where it already has a 140,000-square-foot fulfillment center on Riverport Drive.
The company plans to expand the existing operation by another 185,000 square feet to accommodate the growth, which will create 592 new full-time jobs as well as an investment of more than $16.5 million, according to a release from the office of Kentucky Governor Steve Beshear.
“The Commonwealth is elated to welcome CafePress and its plans for nearly 600 new jobs with the expansion of its production facility and relocation of its global headquarters in Louisville,” said Gov. Beshear. “Kentucky continues to prove it is an ideal location for corporate headquarters, and this project is yet another great illustration of our success.”
CafePress is an exciting company and has enjoyed tremendous success because of its innovative business model and product line, Gov. Beshear said.
Founded in 1999, CafePress Inc. empowers individuals, groups, businesses and organizations to create, buy and sell customized and personalized products using the company's innovative and proprietary print-on-demand services and e-commerce platform. Today CafePress Inc. owns a portfolio of six premium brands including its flagship website, CafePress.com.
“Today marks a continued commitment to our relationship with the great state of Kentucky as we bring our global headquarters to Louisville and cement the path to new jobs,” said CafePress CEO Bob Marino. “And, this move makes CafePress Inc. the first publicly traded e-commerce company to be headquartered in the Commonwealth.”
To encourage the expansion and headquarters relocation in Louisville, the Kentucky Economic Development Finance Authority preliminarily approved CafePress for tax incentives up to $10 million through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.