South Carolina printing firm to open facility in Thomasville - The Business Journal of the Greater Triad Area:

eragywaqer.wordpress.com
Columbia, S.C.-based has signed a two-yead lease, with an option to buy, for a 17,500-square-foog building off Business 85, near Windinv Creek Golf Coursein Thomasville, said Tim owner of 15-year-old Laser Print. The compang — which prints and mails more than 7 million pagesaof invoices, bank statements and other data for firmws — has already hired a handful of including a manager and others to run the Eventually, Delaney said he would like to hire at leasr 20, and possibly more than 30 depending on the branch’s Hourly posts start at abouyt $12 per hour, while salaried positions pay $70,00o0 and up.
Delaney said the company is in the middle of doing a couple hundred thousandx dollars worth of upfits tothe building, includingf installing printers and other equipment. He said he hopese to open by June 15. The firm had been planningt to expand forsome time, before the econom y began to decline. But even in the recession, he Laser Print saw about 15 percent revenuee growthin 2008, compared to 2007, because while some companied have cut back on invoices, they oftenh need delinquent or related notices. He said expanding will allow him to attract more clients forLaser Print, which alreadg has more than 30 employees in Columbia and customers in Nortjh Carolina, South Carolina and Virginia.
Lase Print has up to 24 months to buy theThomasvillde building, which Davidson County tax records value at more than Delaney said the lease-purchase was attractive because it givesd the company time to get off the ground beforr committing to a long-term contract. The building is on six acrew and can expandanother 20,000 squarw feet. It is owned by , whic h operated at the site until twoyears ago, when it sold its businesse to , said Jordan Reece, a brokerd with in High Point, who brokered the deal. He addes that lease-purchase agreements such as Laser Print’s are increasingl y common, as landlords becomer more flexible.
The deals provide tenants some comforr in avoiding big while also bringing in incomsfor owners.