Printing Technology Inc. Acquires Quality Imaging Products8 Jun, 2005
Printing Technology Inc. Acquires Quality Imaging Products
Printing Technology Inc. (PTi) announces that is has acquired the assets of Irvine, California-based Quality Imaging Products (QIP), a leading toner and inkjet remanufacturing company. It follows the acquisition of West Coast Wholesale Distributors in 2003.
According to Peter DeSalay, PTi’s president and chief executive officer, “this acquisition is one part of PTi’s overall growth strategy to achieve heightened economies of scale and expand sales channels. Superior quality products and a commitment to excellence have allowed PTi to continually grow faster than the market as a whole.”
DeSalay also announced that PTi will work closely with QIP management to assure that customers experience a smooth transition while preserving quality levels. PTi is renowned worldwide for its commitment to quality and its rigorous AQL standards.
PTi’s 85,000 square-foot operational facility in Chatsworth, California will remain as the company headquarters. The acquisition has added 30,000 square feet of operational space and increased the company’s capacity by more than 150,000 cartridges per month.
QIP’s largest market is North America where it sells primarily through wholesalers, office products dealers, OEM’s, computer products dealers and printer service technicians. The company was named by Inc. Magazine as one of the fastest growing companies in America four years in a row.
For further information contact PTi at (800) 332-7306 or (818) 576-9220 or by e-mail at firstname.lastname@example.org, or visit us on the web at www.ptiimaging.com.