University Loft plans 30 jobs in Greenfield

Indianapolis-based University Loft Co. expects to add 30 full-time jobs at its Greenfield manufacturing facility thanks
to a federal pact with the U.S. Marine Corps.

The company recently was awarded a multi-million-dollar contract
to supply metal furniture for the Marine Corps’ Camp Lejeune base in North Carolina.

University Loft purchased
equipment from a closed plant in Richmond and will  invest $250,000 in a new production line to manufacture the metal
furniture, said James Jannetides, University Loft’s president and CEO, in a written statement.

“We
are making the very best products for our service men and women around the globe,” he said. “In the good old-fashioned
way, we beat out our competition and now it is our privilege to provide jobs for Indiana while producing high-quality furniture
for our country.”

Founded by Jannetides in 1986, University Loft purchased land in 2006 in Hancock County
and built a new $22 million, 508,000-square-foot headquarters in Mount Comfort.

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