Teknicolors Paints, Redford
Modest four-store chain in Southeast Michigan has been surviving the ongoing economic slump by seeking new sectors, including the movie business, as previous staple areas have declined. Fiscal position has been maintained - and expected layoffs avoided - by servicing 17 film projects since the incentives began, through Winter 2010. Inventory has also expanded to include tools, equipment, specialty products, materials, metallics, etc., all overseen by Redford branch manager Logan Orr.
Employment: Expected layoffs were avoided
Capital investment: Inventory expanded 10%
2009 Film Revenue: Low six figures
Film work as % of gross revenue: 15%, projected to reach 25%
Annual Growth: 2009 - even; 2008 – 10%
Sample titles:
Red Dawn, Trust, Salvation Blvd., Swat: Firefight, Real Steel, Machine Gun Preacher (upcoming)