Newport Lands Two New Businesses, Third Expands
Two more businesses are setting up shop in Newport while a third announced its expansion.
At Monday's city commission caucus meeting, City Manager Tom Fromme announced the arrival of nimbleSoft and Stuido Vertu, both of which will be considered for the city's Job Development Incentive Program (JDIP).
The JDIP offers companies a 40% payroll tax rebate for ten years.
nimbleSoft, according to its Facebook page, focuses on project management, development, and support of custom software, business intelligence solutions, and server technologies. It is now located on Eleventh Street with Nexigen in a former Trauth Dairy building.
The company joins a growing presence of tech-based companies in Newport.
"We've got a lot of tech companies in Newport. I'm pretty happy about that," Fromme told The River City News. "That's why we really want to push underground utilities on the Route 9 effort there, and part of that would be fiber optics in order to have the best possible communication line you can have. I think that's critical to those kinds of operations because they are doing a lot of data work."
Meanwhile, a company that did business with Newport when the city celebrated its bicentennial in 1995 is now moving there. Studio Vertu will occupy a space on the 1000 block of Saratoga Street. Twenty years ago it created custom coasters for the city to hand out during its 200th birthday celebrations.
According to its Facebook page, Studio Vertu hand-paints custom designed artwork on marble tiles for use as coasters, wall art, and large scale mosaic installations, and has done so since 1994. Each tile is made in the studio and the marble comes from Italy. The company also uses custom printing, allowing for the production of logos, wine labels, specialty gift items, and murals.
In '95, the coasters featured the City of Newport's logo.
At Newport on the Levee, Intrinzic, a brand design agency, announced this week that it has merged with Copperfox Marketing, which currently operates in Cincinnati's East Hyde Park neighborhood. The combined firms will operate in Newport with 31 employees, making it the 14th largest marketing firm in the region, the Cincinnati Business Courier reported.
-Michael Monks, editor
Photo: via Intrinzic's Facebook page