Printing Technology Inc. (PTi) announced that it has acquired the assets of Irvine, Calif.-based Quality Imaging Products (QIP), a leading toner and inkjet remanufacturing company. This follows PTi’s acquisition of West Coast Wholesale Distributors in 2003.
According to Peter DeSalay, PTi’s president and CEO, “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’s 85,000-square-foot operational facility in Chatsworth, Calif., will remain as the company headquarters. The acquisition added 30,000 square feet of operational space and increased the company’s capacity by more than 150,000 cartridges per month.
