This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Shutterfly Expands East Coast Manufacturing Operations, Creating Additional Jobs In South Carolina

Shutterfly, Inc. (NASDAQ:SFLY), a leading Internet-based social expression and personal publishing service, today announced, subject to final state approvals, it will triple its East Coast manufacturing operations with a new state-of-the-art production facility in Fort Mill, South Carolina. Responding to significant business growth, this expansion will increase Shutterfly’s East Coast photo-product operations footprint to 300,000 total square feet. The new facility is scheduled to open in the second quarter of 2013 and the existing Charlotte, North Carolina, manufacturing space will be fully operational until that time. With the new facility located less than ten miles from the Company’s current location, Shutterfly expects to retain existing employees while creating new jobs during the next three years. This expansion builds on Shutterfly’s commitment to U.S.-based operations, as the Company maintains all manufacturing domestically.

“I am extremely proud that we are able to retain the employees working in our Charlotte facility while adding new jobs and expanding our manufacturing foot print,” said Jeffrey Housenbold, president and CEO of Shutterfly. “Fort Mill is an ideal location for its proximity to our employees and the new talented local labor pool.”

The 300,000 square foot facility in Fort Mill will house a portion of production and customer service personnel for Shutterfly’s four brands: Shutterfly, Tiny Prints, Wedding Paper Divas and Treat. While Shutterfly manufacturing is not new to the eastern U.S., the customer service center in Fort Mill will be the first East Coast customer service presence for Shutterfly. The move will bring new jobs to the U.S.

“We are committed to providing our customers the highest quality experiences and products to help them capture, preserve and share their precious memories,” said Housenbold. “Expanding our manufacturing facilities is critical to ensuring we are able to respond to increasing demand and deliver the best to our growing customer base.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs