University Loft plans 30 jobs in Greenfield

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

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.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In