Register Tapes Unlimited (RTUI), the national leader in creation and distribution of register tape and grocery shopping cart advertisement, has purchased a 41,304 square foot building in Park Ten, which will double the firm’s size.
RTUI has purchased a 10-year old, two-story building at Langham Creek, and 3.31 acres of prime land in the heart of the Park Ten business park. Following renovations and IT infrastructure improvements, the building will house executive offices and key administrative functions, and facilitate expansion of production capacity from its current 72,000 sq. ft.. building on Park Row.
RTUI distributes to more than 7,000 stores in the United States and maintains a demand for its services and products in 47 states, and anticipates rapid growth in the coming years.
Doug Endsley, RTUI president and CEO, says his company has seen average sales growth of 30 percent each year over the past decade. The company employs 200 persons in the Greater Houston area, and an additional 600 employees or independent sales agents around the U.S.
“The expansion in the Katy area of growing businesses such as RTUI is great news,” said Lance LaCour, president/CEO of Katy Area Economic Development Council. “RTUI is a long standing and established existing company that has provided solid employment and economic impact to the Katy area for many years.”
RTUI converts customers’ blank register tape into a paper billboard on a daily basis. These tapes are distributed in more than 70 percent of the grocery supply stores in Texas.
In addition, the Langham Creek facility will also be home to a relatively new RTUI venture called MyDailyDeals.com, an e-commerce site that offers consumers discounts up to 75 percent at a wide variety of Houston area businesses such as restaurants, health and beauty services, spas and other special events.. MyDailyDeals.com’s goal for its customers is to find the best local unique products and services at affordable prices. Merchants who participate in offerings through MyDailyDeals all are locally-based, Endsley said.
Since 2003, KAEDC has helped facilitate more than 8,500 jobs and more than $1 billion in capital investment.
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