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 user 2010-11-03 at 8:56:42 am Views: 47
  • #24072
    Tonertype expands space
    a printer toner cartridge manufacturer based in Tampa, moved into a new
    facility in order to increase its production capabilities. Tonertype is
    the subsidiary of American TonerServ Corp. (ATS), a company based in
    Santa Rosa, Calif. The Tampa firm is moving from a 13,500 square-foot
    space into a new building with 30,000 square feet of room. It will be
    set up to manufacture up to 15,000 toner cartridges per month, a company
    release said.

    When ATS first purchased Tonertype in 2007, the
    company had been focused on manufacturing cartridges for local
    customers. Now, a 23% increase in six-month revenues for ATS merits a
    change to the Tonertype model.“Our expanded facility and increased
    manufacturing is designed to increase our margins,” said ATS CEO Chuck
    Mache of the move.ATS earned approximately $16.9 million in revenues in
    the first six months of 2010
    American TonerServ Moves to Increase Its Own Compatible Cartridge Manufacturing by Expanding Into New Florida Facility
    ROSA, Calif., Nov.  2010 — American TonerServ Corp. , a leader in the
    highly fragmented $6.0 billion printer supplies and services industry,
    reports it has expanded to a new facility in its Tonertype division in
    Tampa, Florida.

    The move expands Tonertype’s square footage from
    13,500 to nearly 30,000 and is set up to manufacture up to 15,000
    compatible toner cartridges per month. Tonertype had been manufacturing a
    small amount of cartridges specifically for the local markets in
    Florida.  The decision to expand production centered on a change in the
    economic environment in the compatible cartridge market and the
    continued revenue growth of ATS.  The Company recently announced a 23
    percent increase in revenues for the first six months of 2010 to $16.9

    Chuck Mache, CEO of American TonerServ, commented: 
    “When we acquired Tonertype in 2007, the economics in the industry
    favored outsourcing to remanufacturers versus building cartridges
    in-house. With the prices of cores rising so dramatically in 2010,
    causing wholesale cartridge prices to rise and putting margin pressures
    on the company, we’ve opted to expand our expertise of manufacturing
    compatible toner cartridges.”"Our quality from Tonertype has always
    rivaled that of the OEM’s and compatible manufacturers, and while we
    will continue to make significant additional purchases from our selected
    strategic vendors, our expanded facility and increased manufacturing is
    designed to increase our margins on certain select sku’s.  This is all
    made possible by our continued revenue growth,” Mr. Mache said.

    About American TonerServ:
    TonerServ (OTCBB: ASVP) is a leading marketer of compatible and
    original-equipment-manufactured toner cartridges.  The Company is
    strategically building a nationwide organization to efficiently serve
    the printing needs of small-and medium-sized businesses by executing on
    key organic growth initiatives designed to build sales distribution
    across the country.  In the more than $6.0 billion recycled printer
    cartridge and printer services industry, the company offers top quality,
    environmentally friendly products and local service teams to its
    customers.  Please visit for more

    Safe Harbor:  Except for historical information
    contained herein, the matters set forth above may be forward-looking
    statements that involve certain risks and uncertainties that could cause
    actual results to differ from those in the forward-looking statements.
    Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend”
    and similar expressions, as they relate to the Company or its
    management, identify forward-looking statements. Such forward-looking
    statements are based on the current beliefs of management, as well as
    assumptions made by and information currently available to management.
    Actual results could differ materially from those contemplated by the
    forward-looking statements as a result of certain factors such as the
    level of business and consumer spending, the amount of sales of the
    Company’s products, the competitive environment within the industry, the
    ability of the Company to continue to expand its operations, the level
    of costs incurred in connection with the Company’s expansion efforts,
    economic conditions in the industry and the financial strength of the
    Company’s customers and suppliers. The Company does not undertake any
    obligation to update such forward-looking statements. Investors are also
    directed to consider all other risks and uncertainties.