'Stay-at-Home Economy' Fueling Terre Haute Startup

Posted: Updated:
(Image courtesy of BoxUp.) (Image courtesy of BoxUp.)
TERRE HAUTE -

The e-commerce boom and popularity of companies like Birchbox are driving growth for a Terre Haute-based manufacturer. BoxUp Chief Executive Officer Curt Stephens says the "stay-at-home economy" offers unlimited potential for the year-old business with a growing staff of nine. The Subscription Trade Association estimates the industry's current value at $5 billion. BoxUp offers custom boxes and designs in quantities from 12 to 5,000 to customers including Hoosier subscription box providers DAPR Club, Shred Box Monthly and Everyday Sanctuary.

In an interview with Inside INdiana Business, Stephens says the Wabash Valley has provided a number of benefits to the startup. "There is a strong history of paper converting and printing here in Terre Haute and we certainly feel like we've benefited a great deal from having the kinds of employees available to us who really have an understanding of our industry and they come to us with a lot of great skills sets as a result of that," he said. Stephens adds the logistics and delivery side of his business is also boosted by the region's road and rail access.

Growth, Stephens says, has been been measured so far each month "at an almost exponential rate" and the company expects to continue scaling up its work force to meet future demand. Output at BoxUp has also jumped within its first year. "From a capacity standpoint, in the first year, we've already quadrupled our ability to manufacture the boxes, and now we've got to bring the employee numbers right along with it so we can keep pace with all these orders that we're receiving."

BoxUp launched last year in Brooklyn at the first sellers' conference for the online marketplace Etsy and earlier this year, it participated in the Congress-sponsored Internet of Things Showcase in Washington D.C.

In an interview with Inside INdiana Business, BoxUp CEO Curt Stephens says the Wabash Valley has provided a number of benefits to the startup.
  • Perspectives

    • Market Volatility - Fodder for Financial Fears

      Fact: The value of the stock market goes up and down.  It’s called “market volatility”.  How concerned should you be with a thousand point change in the index? Since your reaction can impact your personal portfolio, it’s most important that you have a good perspective. Significant price movements in the stock market grabbed headlines and captivated media pundits throughout 2018. The last week of the year the market experienced large price swings...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Indiana Liquor Group to Buy Save-On Liquor Chain

      Indiana Liquor Group LLC will work with the Indiana Alcohol & Tobacco Commission this week for final approval of its purchase of Save-On Liquor stores. Our partners at The Herald Bulletin report Phillip E. Miller agreed to sell the 31-location package store chain to ILG last month. 

    • Books & Brews Acquires Flat12 Bierwerks

      Indianapolis-based Books & Brews has announced its acquisition of Flat12 Bierwerks, also based in Indy. Financial terms of the deal are not being disclosed, however Books & Brews says it will continue to operate Flat12 under the same brand name. The acquisition is a continuation of an existing partnership between the two entities. Books & Brews says Flat12 has been a brewery partner for the past two years, brewing all of B&B's flagship and seasonal beers.

    • New Tourism Director Has Plans For Growth

      The new director of the Indiana Office of Tourism Development says she hopes to create a strategic plan to continue the growth of tourism in the state. Misty Weisensteiner began her new role earlier this month after being appointed by Lieutenant Governor Suzanne Crouch in December. The former executive director of the Orange County Economic Development Partnership says tourism and economic development go hand-in-hand and there needs to be a greater focus on that relationship.

    • Loeb Stadium Project in Final Design Phase

      The $17 million overhaul of Loeb Stadium in Lafayette is in its final planning stages. The Journal & Courier says the overall design of the project is complete, which includes flipping the field, an additional suite and a new entrance designed to be a more visible landmark. Lafayette Mayor Tony Roswarski unveiled plans for the reimagining of the more than 75-year-old stadium in 2017. The city council earlier this month approved a $17 million bond to fund the project.

    • BMWC Constructors Announce Leadership Changes

      Indianapolis-based BMWC Constructors, Inc. continues their strategic growth with leadership changes. Chairman of the Board Jim Davis retired after eight years in the role and after 30 years with the company.  President and Chief Executive Officer Brian Acton will move into the role of Chairman of the Board, while remaining CEO.