*NEWS*MANY INKLING TO ENTER INK INDUSTRY

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*NEWS*MANY INKLING TO ENTER INK INDUSTRY

 user 2007-01-22 at 12:47:00 pm Views: 53
  • #16959

    Many in state heeding inkling to enter multibillion industry
    All
    over Mississippi and throughout the nation, companies are getting their
    hands into the multibillion-dollar business of refilling and
    remanufacturing inkjet cartridges and toner casings
    .It’s
    an industry that in 2006 was likely worth $32 billion, according to a
    news release by BizAssist Ltd.In recent months, local competition has
    increased as chain retailers such as Walgreens pharmacies have entered
    the arena, offering to clean and refill an empty cartridge at half the
    cost of a new one.Cartridge World in Madison has earned such good
    customer following in the last 15 months that store owner Sonny Sanne
    anticipates opening a second store in March in Flowood.”They’re looking
    at the price. Compared to buying a regular cartridge off of the shelf
    versus getting one refilled in our store, they save at least 50 percent
    on it,” said Robert Smith, manager of Walgreens in Clinton. “This is a
    service that will save customers a lot of money in the long run. As
    long as they bring it in we try to fill it right there on the
    spot.”Dale Cookson, district photo supervisor for Walgreens in Jackson,
    said inkjet refills are offered at 1,500 stores around the
    country.Walgreens charges $14.99 to refill a Hewlett-Packard 96 black
    factory cartridge and $31.99 for a new one. A new Lexmark 26 color
    cartridge costs $35.99. The cost to refill one is $16.49.Not all empty
    cartridges can be refilled. flawed containers are discarded. And
    trading in your empty cartridges in good condition can earn you
    anything from free photographs at Walgreens to free printing paper or a
    discount on your purchase at Office Depot.The consumer must be careful
    to purchase quality products, said Layton Smith of Jackson.”We have
    bought some and not had very good experience with it. So we have
    basically gone with the cartridges that are manufactured by the maker
    of the machine we’re putting them in,” said Smith, president of S&S
    Apache Camping Center on U.S. 80 in Jackson.Smith is the kind of
    customer Sanne said he would recruit – those who want no excuses when
    it comes to getting what they paid for. “Everything is 100-percent
    guaranteed,” he said.Sanne said keeping cartridges reliable means
    thoroughly cleaning them and rebuilding laser cartridges.Growth in
    technology will continue to spawn competition in the industry according
    to Steve Hockett , president of Rapid Refill Ink of Minneapolis, which
    has 75 franchise locations since opening in 2004.
    The industry has
    grown for several years.Hockett agreed that convenience is the major
    reason businesses such as his continue to flourish.”The concept is
    pretty simple. People are attracted to it because there’s a significant
    cost savings from having to buy (original). They’re attracted to it
    because it’s recycling,” Hockett said. “I think the cost savings will
    be a factor of going forward.”Because if you recycle something and you
    use it again, there is typically always a big cost savings.”# Almost 8
    cartridges are thrown away per second in the United States alone.# 300
    million cartridges are thrown away annually.# More than 1.1 billion
    inkjet cartridges are used annually around the world.# A discarded
    cartridge takes approximately 1000 years to biodegrade.