Fairlawn-based Signet-Jewelers announced Tuesday that they will be expanding their Barberton fulfillment center.
In a statement, the company said they'll add another 56,000 square feet to the facility, expanding it to 134,000 square feet.
"This expansion is vitally important to Signet's continued success and enables us to configure an ideal space to best meet the needs of our business and our Team," said Bryan Morgan, Signet Jewelers' chief operations officer in the press release. "It is an initiative that will further cultivate the growth of Signet as a Company nationwide, as well as in the Barberton area and the entire Greater Akron community."
The Barberton facility will add about 18 new jobs.
Signet has made headlines for the wrong reasons recently, amid allegations of rampant sexual harassment throughout the company on an executive level. Following the allegations, which came to light late last year, a lawsuit was filed on behalf of stockholders who claim they were mislead on the severity of the harassment claims and told that their stock would not be adversely affected.
It was.
In 2015 the company was trading as high as $140.00 a share. Recently, shares for Signet stock have been traded as low as $70, Crain's Akron.
A new long-term partnership between the LeBron James Family Foundation and Akron-based Signet Jewelers is set to provide more mentoring opportunities for Akron Public School students.
Michele Campbell, executive director of LJFF, said the partnership allows for Signet employees to train and become one-on-one mentors for 3rd-8th grade students.
"We have 1,129 students and we need more mentors," said Campbell. "With Signet right in our backyard and committed to our program and committed to this community, it's going to allow us to have more mentors , one-on-one, with our children."
Several students joined Campbell, APS Superintendent David James and Signet officials for the announcement at Litchfield Middle School Friday morning. It's safe to say that Jayden Shippe, 13, is enjoying his time spent with the LJFF.
"I love this program," said Shippe. "I love the fun trips , the mentors and how we get to go to Cedar Point every year ad I love how they're giving us a scholarship to [The University of Akron.]"
Shippe said the mentoring program has been beneficial and helped him succeed in the classroom. 13-year-old Mikhaila Bonds said it's more than just helping with work in the classrooms.
"We just talk," said Bond. "They're like a counselor."
Campbell said volunteers will work directly with United Way of Summit County's iC.A.R.E Mentoring program, to offer training.