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Cincinnatie Printing and Pre-Media Firm Expands Existing Facility to Service Key Customers


CONTACT:
Cathy Norton
Miller-Valentine Group - (937) 293-0900 cnorton@mvg.com
Lesley Jones
Edward Howard - (937) 228-1141 ljones@edwardhoward.com

CINCINNATI PRINTING AND PRE-MEDIA FIRM EXPANDS EXISTING FACILITY TO SERVICE KEY CUSTOMERS

Miller-Valentine Group to design and construct 40,000 square-foot addition

CINCINNATI, (October 30, 2007) - In order to meet the changing needs of key customers, Stevenson, The Color Company, a fourth-generation family-owned and operated printing company is expanding; adding 40,000 square feet to its existing 80,000 square-foot facility at 535 Wilmer Avenue in Cincinnati.

Stevenson, The Color Company provides a full range of printing and pre-media services to a national client base including Kroger, Macy’s and Office Max. Seven years ago, the company made a strategic decision to expand the printing and fulfillment side of its business. The company hired Miller-Valentine Group to design and build a new space that could support these increased printing and fulfillment volumes. The decision paid off; the business grew. So Stevenson, The Color Company has returned to Miller-Valentine Group to design and build more space on its Wilmer Avenue location.

“Anytime we are able to work closely with a client on multiple projects, we become a close knit team in a very short time, which allows us to work very efficiently together,” said Chris Duval, director of business development for Miller-Valentine Group. “The key to success with this type of facility is a solid understanding of the printing and pre-media equipment and space requirements. We have added value to Stevenson, The Color Company through our understanding of their operations and procedures.”

Jeff Stevenson, CEO of Stevenson, The Color Company, attributes the company’s rapid business growth to making timely investments in cutting-edge printing equipment and technologies, and executing a business model that bundles a custom mix of services for their customers.

“We are in a competitive industry with excess capacity, so part of our ability to grow has been executing a good business plan,” said Stevenson. “We took a hard look at our business and came to the conclusion that it wasn’t going to be just a matter of cutting costs to compete; it was going to be about reinventing our business. Even though we’re an 81-year-old company, we’re much newer in a lot of ways. The growth of the printing and fulfillment side of our business is really driving our expansion. We consider it a sign of a good plan that we need a larger, more expansive building to give our customers the mix of services that they require to get their business done.”

Construction of the 40,000 square-foot addition by Miller-Valentine Group is underway and is expected to be complete January 2008.

About Stevenson, The Color Company Stevenson, The Color Company, founded in 1926 and managed by the fourth generation of Stevensons, is a pre-press and printing company recognized by customers such as Kroger, Ross Products, The Scotts Company, and U.S. Playing Card for its innovative solutions to their graphic needs. With more than 100 employees at its Cincinnati, Ohio sales headquarters, Stevenson is one of the Midwest's largest prepress and printing companies. All pre-press and printing services are consolidated at its 80,000 square foot facility. Stevenson also has a sales office in New York City serving the Northeast. For more information about Stevenson Color, call 1-513-321-7500.

About Miller-Valentine Group Miller-Valentine Group offers total real estate solutions in the areas of Design/Build Construction, Development, Management, and Financing for both commercial and residential markets and also provides Renovation, Brokerage, and Leasing services for commercial markets. All of Miller-Valentine Group’s divisions have combined to provide customers with more than 50 million square feet of commercial space and over 8,000 residential housing units. Miller-Valentine Group, founded in 1963, operates offices in Dayton and Cincinnati, Ohio, and Columbia, South Carolina. Miller-Valentine Group offers a wide range of commercial products, including office, retail, lodging, healthcare, manufacturing and distribution facilities and an equally wide range of residential products, including multi-family, single family, active adult, and military housing throughout the Midwest and MidAtlantic regions. Miller-Valentine Group has been awarded the prestigious national “Developer of the Year Award” by the National Association of Industrial and Office Properties (NAIOP); Miller-Valentine Construction has been awarded OSHA’s Voluntary Protection Program “STAR” designation – the first general contractor to receive this designation at a statewide level.


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