Economic Development News
Growth Continues at Modern Litho
Published: Monday, November 11, 2019
Modern Litho’s ownership has recently announced their intent to purchase a new 2019 Heidelberg XL eight-color perfecting print press to increase production capacity at their headquarter facility located on Stertzer Road, just east of Jefferson City. Modern Litho’s capital expenditure decision was based on exceptional company-wide growth, coupled with the acquisition of two separate printing operations based in St. Louis and Kansas City. “Our overall sales have increased substantially as we recently added a physical presence in the St. Louis and Kansas City markets.” Remarked Darrell Moore, President of Modern Litho, Inc. “We’ve made some strategic acquisitions in recent years to better penetrate two of our larger producing markets, and it’s paying dividends.”
Modern Litho’s growth continues to produce quality jobs for our community, this in-turn leads to additional dollars moving through the local economy. The current expansion will create an additional twenty-five full-time positions, along with an overall capital investment of $5.0 million to complete the equipment acquisition. The current capital investment in equipment will most likely lead to future physical expansion at Modern Litho’s headquarter facility.
Modern Litho, Inc. – Facilities/Employment
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