May 24, 2013
Ink Technologies has announced that it has been featured in the Dayton Business Journal as one of the area’s fastest growing companies, with the company expanding from being operated from a garage to a 32,000-square-foot warehouse facility since it was founded in 2001.
The warehouse stores Ink Technologies’ entire product range and is also its headquarters, with the company’s owners, who bought the company from its founders in 2006, focusing on the quality of their brand name, growth of their supplies and facilities and providing excellent customer support.
Over the years, profits have been steadily increasing – in 2012 the company earned $16.5 million (€12.7 million) in sales and for 2013 it is expected to earn around $20 million (€15.4 million). In addition, Ink Technologies’ website receives an average of 12,000 unique visitors each day.
The business involves reselling printer cartridges and consumables to businesses and homes at prices significantly lower that OEM branded products, and the company is now looking to expand and focus on remanufactured and compatible cartridges as it recognises that “printer companies will continue to drive up the price of ink while offering quality printers at near production cost”, and so remanufactured cartridges can provide a “lower cost alternative”.
The company is also keen to become more “green”, and offers a free recycling programme for empty ink and toner cartridges, reducing waste and providing businesses with a “quality product”. It also maintains that “remanufactured ink cartridges can perform equal to the original manufacturer’s new products, depending on the quality of the cartridge remanufacturing process”.
Categories : Products and Technology