Southwest Offset Printing — which has a plant in Redwood City that prints the Palo Alto Weekly, Palo Alto Daily Post, Financial Times West Coast edition and many other newspapers — has signed a new 10-year lease with AMB Property Corp. to move its presses to San Jose, the Silicon Valley/San Jose Business Journal reports.
The company is moving to a 68,502-square-foot facility at 587 Charcot in North San Jose. The deal was worked out through the San Jose Redevelopment Agency, the City of San Jose, AMB and Cornish and Carey Commercial, according to the Business Journal.
The company said it chose the site because of the city's Enterprise Zone program, which allows Southwest to take advantage of various tax credits and deductions.
The company has about 100 employees, most living in San Jose. Southwest Offset Printing also said it plans to expand and hire at least 15 new staff members.