*NEWS*SHARP TO BUILD COLOR TONER PLANT

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*NEWS*SHARP TO BUILD COLOR TONER PLANT

 user 2005-04-11 at 10:03:00 am Views: 60
  • #8746



    Japan’s Sharp to invest 37 mln dlrs to build
    color toner plant

     Apr 2005]

    TOKYO
    Japanese electronics
    maker Sharp said it would invest four billion yen (37 million dollars) to build
    a plant to make toner cartridges for color copy machines due to rising global
    demand.

    The new plant, to be built in Nara, western
    Japan, would start operations this summer and aim to raise annual production
    capacity to 3,000 tons in 2007, a Sharp spokesman said.

    “We are seeing strong global demand for color
    copy machines worldwide and want to meet that demand,” said Sharp spokesman
    Masaaki Takeda.

    The business daily Nihon Keizai Shimbun said
    color copy machines would likely account for 40 percent of the global copy
    machine market in 2008, up from 25 percent.