Press Release: Xerox to Build Toner Plant in Webster, New York
Xerox Corporation (NYSE: XRX) announced today plans
to build a toner plant on the company's 1,100-acre campus in Webster, N.Y., a
suburb of Rochester.
Scheduled for
completion in 2007, the facility will create more than 40 jobs and retain 50
jobs. The plant will produce emulsion aggregation toner, a chemically grown
toner that uses less toner per page and produces sharper images than traditional
toner.
Xerox introduced EA toner three years ago. It is
now used in more than 15 Xerox products like the company's WorkCentre(R)
multifunction devices that print, copy and fax, and the Xerox DocuColor(R)
series of color printers. EA toner is currently manufactured at the company's
plant in Mississauga, Ontario. The additional plant in Webster will increase EA
toner production by 175 percent per
year.
The six-story, 120,000-square-foot
facility will result in a $59 million investment, including about $10 million
for the actual construction of the new plant, which is scheduled to begin later
this year.
"Xerox's invention of EA
toner has created another differentiator for us in the marketplace," said Wim
Appelo, Xerox corporate vice president of Paper, Supplies & Supply Chain
Operations. "As more Xerox color systems are designed to use EA toner, we need
to increase production, ensuring that Xerox is well positioned to support future
growth in color printing."
Color is
playing a critical role in creating new business opportunities for Xerox and its
customers. Only 3 percent of the total pages produced in businesses today are
produced on color devices. Xerox expects new color technologies and services to
drive that number to 10 percent of pages by 2008, fueling a $22 billion market
opportunity. The company continues to deliver double-digit revenue increases
from the sale of its industry-leading color
systems.
Developed jointly at the Xerox
Research Centre of Canada and the company's Supplies Delivery Unit in Webster,
EA toner is chemically grown from the molecular level to precise shapes and
sizes, eliminating the grinding and size selection process required to make
traditional toner.
"EA toner, which is
protected by more than 100 patents, requires less energy to manufacture and
generates less waste, making it a key plank in our pledge to cut greenhouse gas
emissions," said Dr. John R. Laing, senior vice president of the Supplies
Delivery Unit. Xerox has committed to reduce its greenhouse gas emissions -
gaseous compounds in the atmosphere that trigger global climate change - by 10
percent from the baseline year 2002 to the end of
2012.
More than 6,000 employees
currently work at the Xerox Joseph C. Wilson Center for Technology in Webster,
which consists of 47 major buildings totaling 5.5 million square feet. The
campus is home to some of the company's global research, engineering,
manufacturing and distribution
operations.
"We chose to build this
facility in Webster to take advantage of the strong manufacturing and
engineering competencies that exist here today. It's an investment in the
community, in our people and in Xerox innovation," added
Appelo.
Xerox worked in close
cooperation with officials from Empire State Development and the State of New
York, Monroe County, New York State Senator Michael F. Nozzolio, Rochester Gas
& Electric and UNITE-HERE! to help bring this facility to
Webster.
NOTE TO EDITORS: This release
contains forward-looking statements and information relating to Xerox that are
based on our beliefs as well as assumptions made by and information currently
available to us. The words "anticipate," "believe," "estimate," "expect,"
"intend," "will" and similar expressions, as they relate to us, are intended to
identify forward-looking statements. Actual results could differ materially from
those projected in such forward-looking statements. Information concerning
certain factors that could cause actual results to differ materially is included
in the company's first-quarter 2005 Form 10-Q filed with the SEC.
Posted: Thu - June 23, 2005 at 05:05 PM