Real Estate Central

Energy efficient lighting innovator relocates distribution center

AURORA, Ohio, June 5 /PRNewswire/ — TCP, Inc., the world’s largest
manufacturer of energy efficient lighting products, announces the
relocation of its west coast distribution center and warehouse to the
Massie Industrial Park in Stockton, California. The 130,000-square-foot
building features state-of-the-art radio frequency technology, 10 loading
docks, and office and meeting spaces. The new facility, which opens on July
1, will bring as many as 30 new jobs to San Joaquin County.

Increased global demand for TCP’s energy efficient lighting products
required the company relocate to a larger facility from their current
location in Sacramento. The move will allow for faster delivery to 11
western states as well as Alaska and Hawaii.

“San Joaquin County clearly has the kind of growth potential we look
for when we seek prime locations for our continued global expansion,” said
Charlie Gallagher, Director of Operations, TCP, Inc. “The convenience of
the location to the Port of Oakland provides the accessibility that is
critical to quickly receiving products and then shipping them to our
customers in the western United States.”

The distribution center can house as many as 12 million lighting
products, which range from energy efficient compact fluorescent lamps
(CFLs) and fixtures to cold cathode and LED lamps. TCP worked closely with
the San Joaquin Partnership, a private non-profit Economic Development
organization, and Synergy Real Estate Group, Corporate Advisory Group, a
premier California tenant representation and commercial real estate
advisory firm, to find a location that could accommodate the company’s
current needs as well as allow for future expansion, including the addition
of light assembly operations.

“TCP is a great example of the type of fast-growing, global companies
we are working to attract to our community,” said Michael E. Locke, San
Joaquin Partnership president & CEO. “They produce a high-quality,
progressive, environmentally-conscious product; they have an international
reputation for excellence and a strong commitment to their employees. We
appreciate the economic impacts and the employment opportunities they are
providing for our County and our residents.”

With its focus on energy efficient lighting products, TCP is strongly
committed to sustainability in all aspects of its business, which also
factored into its decision to set up operations at the new location. The
facility is owned by ProLogis, the world’s largest owner, manager and
developer of distribution facilities — a company with a focus on
sustainability that parallels TCP’s sustainability business model.

About TCP, Inc.

TCP, Inc. is the global leader in energy efficient lighting innovations
dedicated to creating high-quality products that are brighter, longer
lasting and better for the environment. Headquartered outside Cleveland,
Ohio, the company manufactures nearly 1.4 million energy saving compact
fluorescent light bulbs (CFLs) every day, accounting for a majority of the
CFLs sold in the United States and an annual reduction in carbon dioxide
emissions of more than 118 million pounds. The company markets a variety of
energy efficient lighting products for professional, specifier and consumer
markets under several brands including n:vision at The Home Depot,
SpringLight, and ecoVations. TCP’s extensive product line extends beyond
CFLs and includes LED lamps and fixtures, cold cathode lamps, exit and
emergency lighting, HID, decorative and outdoor fixtures, as well as the
first ever linear lamp, ballast and fixture offering. TCP is a privately
held company, employing more than 15,000 people globally and totaled more
than $300 million in sales in 2007, a more than fivefold increase since
2000. For more information, visit us at http://www.tcpi.com or call (800)
324-1496.

About San Joaquin Partnership

The San Joaquin Partnership is a non-profit private economic
development organization. Its cumulative impacts over the past 16 years are
impressive: 307 projects generating more than 49,000 jobs, $7.8 billion in
industry output and $2.1 billion in annual labor income.

About Synergy Real Estate Group, Corporate Advisory, LLC

Synergy Real Estate Group, Corporate Advisory LLC is a premier
California tenant representation and commercial real estate advisory firm.
Synergy’s services cover a wide range of real estate needs from strategic
planning, site selection services, lease negotiations, lease renewals,
expansion to relocation to utility, tax & incentive support. Synergy
specialize in real estate consulting and tenant representation for
companies seeking to lease and purchase space. For additional information
about the company, go to: http://www.synreg.com .

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[Via Real Estate Newswire]