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Mountains Spring Opportunity

By Katz, Jonathan
Publication: Industry Week
Date: Wednesday, February 1 2006
HEADNOTE

KONICA MINOLTA

HEADNOTE

N.J.-based company to open a third polymerized toner plant in Japan.

JAPAN MAY NOT BE THE first

Asian country most manufacturers select for new production facilities, but for Ramsey, N.J.-based Konica Minolta Business Solutions U.S.A. Inc., it's the ideal location to build a polymerized toner plant.

The company is investing 7.5 billion yen (US$62.6 million) to build its third plant in Japan, this one located in the mountains of Tatsuno-machi, Kamiina-gun, Nagano, for the high-end toner used in multi-function peripherals (MFP) and laser printers. The new plant is in response to increased demand for polymerized toner, which has nearly tripled for Konica Minolta since 2003, says Indy Nakagawa, senior vice president of marketing and corporate planning for Konica Minolta Business Solutions.

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