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FORT LEE, NJ - June
1, 2001 -- Sun Chemical, through its toner manufacturing company Coates
Electrographics, announced today that it had acquired the bulk toner manufacturing
business of Turbon International Inc., located in York, PA (USA). The
announcement was made by Richard Martin, Managing Director, Coates Electrographics.
"While Turbon
will cease to manufacture toner powder, it will continue its presence
as a market leader in the manufacture, sales and distribution of components,
as well as finished products for the printer supplies industry,"
Mr.Martin indicated. "The arrangement between Turbon and Sun Chemical
(through Coates) will build upon the successful relationship that has
existed for some time between the two companies, and will provide a continuing
supply of high quality bulk toner to Turbon on a worldwide basis,"
he added.
Coates Electrographics
will lease a portion of Turbon's York's facility and welcomes into the
company the York toner manufacturing team, who bring with them many years
of experience and expertise in the field of powder toner development and
production. The purchase also includes Turbon's much respected toner technology,
which will further strengthen Coates' prominent technical position in
the toner marketplace.
The York operation
will continue to be headed by Dr. Claude Aubert, a veteran of the toner
industry, who will report directly to Ian Gammage, global General Manager
of Coates' toner businesses. Through this acquisition, Coates Electrographics
continues to grow its position as a leading global toner producer with
operations at Midsomer Norton (UK), Dallas, PA, (USA) and York, PA (USA).
Coates Electrographics
has been developing and manufacturing liquid, mono-component and dual-component
toners for almost 30 years, offering high quality products designed for
specific copiers and printers, and supported by close, expert technical
liaison. The company is part of the Sun Chemical family, the world's largest
manufacturer of high quality printing inks and organic pigments.
With headquarters
in Fort Lee, New Jersey, U.S.A.; Watford, England; and Soest, the Netherlands,
Sun Chemical owns and operates manufacturing, sales, service and technical
facilities throughout North America, Europe, Latin America and the Caribbean.
The Sun Chemical family of companies employs more than 14,500 people worldwide
and includes such well known names as Coates Lorilleux, Usher-Walker,
Gibbon, Hartmann, Kohl & Madden, Heritage and US Ink. In addition,
Sun Chemical's joint venture with Eastman Kodak, Kodak Polychrome Graphics,
is a world leader in prepress products.
Sun Chemical Corporation
in the U.S. and Sun Chemical Limited in England are subsidiaries of Sun
Chemical Group B.V., the Netherlands. For more information about Sun Chemical,
visit our web site at http://www.sunchemical.com. |
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