*NEWS*XEROX BREAKS GROUND FOR TONER PLANT

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*NEWS*XEROX BREAKS GROUND FOR TONER PLANT

 user 2005-11-07 at 10:15:00 am Views: 62
  • #14517

    Xerox breaks ground for toner plant
     Xerox Corp. broke ground today in Webster for its $59 million emulsion aggregate toner plant.
    toner
    is used in multifunction office machines and DocuColor production
    printers. It is supposed to produce sharper images but use less toner
    per page. Xerox started making EA toner three years ago and
    manufactures the product at a plant in Mississauga, Ontario. The new
    Webster plant would more than double Xerox’s EA toner output, the
    company said.
    Xerox plans to spend $10 million to build the
    six-story, 120,000-square-foot plant and ultimately add another $49
    million in related investments.
     Toners and other supplies are key
    to Xerox’s annuity strategy, which calls for the document company to
    pull in greater profits and ensure future revenue growth by stressing
    equipment sales that tie customers in to regular supply purchases.