PGI Expansion Update: As Featured in Triad Business Journal
Triad printer undertaking $1.2M addition
By Katie Arcieri
Triad Business Journal
Piedmont Graphics, a Greensboro commercial printer that employs a local work force of 46, is planning a 20,000-square-foot addition to expand production and warehouse space.
The company, led by CEO John Rutledge, hired general contracting firm HICAPS to begin building the addition to its 24,000-square-foot facility at 6903 International Drive about 45 days ago. Piedmont Graphics provides services such as signage, banners, pop-up displays and labels.
The project is expected to cost $1.2 million.
“We are just completely out of space in production,” Rutledge said. “We are out of space in our warehouse operation, also.”
The company needs the additional production and warehouse space to accommodate growth of customers such as The Fresh Market, Tanger Outlets and the Earth Fare organic foods supermarket.
“We do a lot of signage for those three; we do work for some banks, we do work for Blue Cross Blue Shield,” Rutledge said.
Rutledge estimates that Piedmont Graphics will add 10 to 15 positions in the next 18 months.
“As we add more production equipment, we will need more people to operate it,” Rutledge said.
Peyton Fairbank, vice president and principal with HICAPS, said construction is slated for completion September. He said Piedmont Graphics moved to the International Drive building five years ago and that HICAPS was the contractor that designed and renovated its office and warehouse space.
Piedmont Graphic merged with Color Express in 2013.
Rutledge said he expects the company’s revenue to reach between $10 million and $11 million this year, and $12 million or more in 2017.