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updated: 7/3/2014 6:03 AM

Crawfordsville to gain 300 book publishing jobs

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Associated Press

CRAWFORDSVILLE, Ind. -- Book publisher Penguin Random House LLC has announced plans to consolidate a major portion of its U.S. distribution and fulfillment operations in the west central Indiana city of Crawfordsville, creating up to 313 new jobs by 2016.

The New York-based company will expand its Crawfordsville operations by 350,000 square feet to 1 million square feet total. The expansion scheduled to be operational by October will allow the company to double annual book shipments.

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The Indiana Economic Development Corp. says it offered Penguin Random House up to $700,000 in conditional tax credits and up to $100,000 in training grants based on the company's job-creation plans. The city of Crawfordsville approved additional incentives at the request of Montgomery County Economic Development Inc.

The company plans to begin hiring in August.

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