Premier Paper and Packaging of Moberly plans to move its corporate headquarters to a facility in Columbia by December.
Premier, which is an independent wholesale distributor of printing papers, janitorial papers and packaging equipment, purchased an 88,000-square-foot facility at 1550 Boone Industrial Drive formerly occupied by Summit Polymers, co-owner Doug Stansberry said.
Stansberry, who co-owns the business with brother Ed Stansberry, said the company employs 15 people in Moberly and expects to add three to five production positions once established in Columbia.
He said the move was prompted by several factors, including a lack of space at the company’s facility at 715 Sturgeon St. in Moberly.
“Columbia was a better area to invest money in,” said Stansberry, adding that a location near Interstate 70 would also increase transportation efficiency.
Stansberry said the facility will house all inventory now in Moberly. Renovations of the Columbia facility are already under way andinvolve creating a demonstration showroom for packaging equipment and office space as well as improving the building’s exterior appearance. David Meyer, marketing director for Regional Economic Development Inc., said his company worked with Premier as its owners were considering facilities in Columbia.
Meyer said he tried to match Premier with sites that fit what they were looking for, such as proximity to the interstate.
“They’ve been a great company to work with,” Meyer said. “We hope they have a long and prosperous stay in Columbia.”
Meyer said Regional Economic’s goals are to help existing companies in Columbia expand and help companies considering moving to the area.
He said Columbia’s economy is strong now, although it has seen some setbacks in the manufacturing area, such as the layoffs recently announced by 3M.