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Printing cartridge firm more than doubles growth: company signs deal for Chatsworth facility.

Publication: San Fernando Valley Business Journal
Publication Date: 04-DEC-06 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Printing cartridge firm more than doubles growth: company signs deal for Chatsworth facility.(Printing Technology Inc. acquires industrial facility)(John Laing Homes ranked best in consumer experience)(Caine & Weiner has leased a office building in Warner Center )

Article Excerpt
Principals of Printing Technology Inc., a 16-year-old company that makes and distributes laser and ink cartridges and related items, has inked a deal to acquire a 79,400 square foot industrial facility at 21001 Nordhoff St. in Chatsworth for $11.6 million.

The move expands by about 60 percent the company's space and allows room for Printing Technology to expand further down the road.

"We have been growing at the rate of 35 percent and expect to grow by 50 percent in 2007," said Peter De Salay, CEO and president of Printing Technology.

Printing Technology currently operates out of two buildings, including a corporate headquarters at 9144 Deering Ave. Plans are to consolidate both those operations into the newly acquired building. About 250 workers will be located at the site.

The company will...

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