K/P Corp. Continues Expansion on Many Fronts
In 1999, Scott says, the company invested $3.5 million in new equipment and other capital improvements in the Northwest. About $1 million of that went into installation of digital proofing and platemaking equipment at the Seattle printing facility.
Another significant investment in equipment was made at K/P's mailing plant in Kent, WA. A new automated jumbo inserter allows the company to insert up to six pieces of printed literature into a 10x13˝ catalog or booklet envelope. Officials say it is the only booklet inserter in the region.
On top of the strong sales performance, officials say an employee stock ownership plan started in 1997 has helped bring renewed energy and excitement to the company. Approximately 70 percent of employees have become shareholders. "People rise to amazing standards when they have a stake in the outcome," Scott observes.