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Graphic Printing Services Continues History of Expansion in High Point, NC

Friday, April 13, 2007

Press release from the issuing company

HIGH POINT, NC -- April 12, 2007 -- Graphic Printing Services, Inc. (GPS), is again expanding and making a significant investment in High Point. The company, located at 4301 Waterleaf Court in High Point’s Piedmont Centre, is adding $4.5 million in additional prepress, press, and finishing equipment and creating approximately 10 additional jobs at its 80,000-square-foot facility in High Point’s Piedmont Centre. When these 10 additional jobs are filled in the next few months, Graphic Printing Services, Inc. will have a total of over 90 employees and sales of approximately $16 million. Bryan Hall, GPS President and CEO, said, “We are excited to be expanding our diverse equipment base to include a new 40-inch 8-Color Komori Perfecting Printing Press which will be up and running in the middle of May. Graphic Printing Services, Inc. will be among the first printers in North Carolina to install this new automated equipment capable of printing both sides of the sheet at the same time in full color. This investment will allow us to take advantage of new automation and technology that will bring additional value to our customers as well as to further enhance both our quality and the ability to turn our customers’ jobs around quickly.” The $4.5 million investment in additional equipment includes the creation of new production workflows throughout Graphic’s facility in order to implement enhanced quality and lean manufacturing initiatives to gain additional efficiencies. The company, which won an award in 1994 for being the fastest-growing printing company in the United States, has expanded every three to four years since the company was founded in 1985. In November of last year, the company acquired the business and operations of Dorsett Printing Corporation located in Thomasville, N.C. Dorsett Printing specialized in the design and production of flexographic labels and tags for leading manufacturers and retail store chains in America. Plans are on schedule for GPS to consolidate Dorsett’s flexographic label and tag business with Graphic’s flexographic printing department in Piedmont Centre in July of 2007; creating a new and much larger flexo department than currently exists at either company. A new 13-inch 8-Color Nilpeter Flexo Press is scheduled to be installed in June of 2007. The company is very involved in making the community a better place to live. In the past five years, Graphic Printing Services, Inc. has contributed over a half million dollars to help local non-profit organizations and foundations enhance and improve the quality of life in the greater Piedmont Triad Community. The company has a number of initiatives in regard to environmental stewardship and sustainability. The company has won numerous printing industry awards in the past decade including over 150 awards for exceptional print quality and has been named the “Best Place to Work in America” by Printing Industries of America three times. Mr. Hall sees this substantial new investment as a means of providing its customers superior print quality, turnaround times and value in order to help them achieve their goals and grow their businesses. “Graphic Printing Services, Inc. goes beyond investing millions of dollars in new technology, workflows, automation, to develop unique techniques and systems to better utilize our advanced printing technology. Through employee training, lean manufacturing and advanced quality processes we provide unique printing and communication solutions to our customers that allows them to grow their businesses. We strive to be their partner in making them more successful while at the same time providing them superior quality, turnaround and value.” Loren Hill, President of the High Point Economic Development Corporation, said, “The growth and success of Graphic Printing Services, Inc. has been impressive. It is clear that the company is committed to being on top of technology with its investment in the newest and best printing equipment. The company is a top-notch corporate citizen that is involved in a host of community and charitable organizations.”




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