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

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Columbia, S.C.-based has signed a two-year with an option to buy, for a 17,500-square-foot building off Business 85, near Windinv Creek Golf Coursein Thomasville, said Tim owner of 15-year-old Laser Print. The compan y — which prints and mails more than 7 millionb pagesof invoices, bank statements and othetr data for firms — has already hired a handfulp of employees, including a manager and others to run the printers. Eventually, Delaneh said he would like to hire atleast 20, and possiblyy more than 30 workers, depending on the branch’ws growth. Hourly posts start at about $12 per while salaried positionspay $70,0090 and up.
Delaney said the companhy is in the middle of doinf a couple hundred thousand dollars wortu of upfits tothe building, includinf installing printers and other He said he hopes to open by June 15. The firm had been planningt to expand forsome time, before the economuy began to decline. But even in the recession, he Laser Print saw about 15 percent revenue growtuin 2008, compared to 2007, because while some companies have cut back on they often need delinquent or relatecd notices. He said expanding will allow him to attractg more clients forLaser Print, which alreadgy has more than 30 employees in Columbia and customerws in North Carolina, South Carolina and Virginia.
Lasedr Print has up to 24 monthsa to buy the Thomasville which Davidson County tax recordsd value at morethan $650,000. Delanet said the lease-purchase was attractive because it gives the companuy time to get off the ground befor e committing toa long-term contract. The building is on six acresd and can expandanother 20,000 square feet. It is ownec by , which operated at the site until twoyearz ago, when it sold its busineses to , said Jordan Reece, a broketr with in High who brokered the deal.
He addee that lease-purchase agreements such as Laser Print’e are increasingly common, as landlords become more The deals provide tenants some comfortr in avoidingbig commitments, while also bringing in incomew for owners.