As company builds facilities and adds innovative ink technologies, Toyo Ink America is branching out into new markets.
David Savastano, Editor04.23.15
As the world’s third-largest ink manufacturer, Toyo Ink Group has built a large presence globally, with its strength being in Japan and the Asia-Pacific region. The company has yet to make similar inroads in the Americas; with sales of $105 million in 2014, Toyo Ink America is the 12th largest U.S. ink manufacturer, according to Ink World’s North American Top 20 Report.
Expanding Toyo Ink America’s presence in the Americas is the responsibility of chairman and CEO Hideki (Jeff) Okaichi. The company has taken some significant steps through acquisitions and adding new facilities, but Okaichi believes there is more that needs to be done.
“Toyo Ink Group has a large market share in Japan, China and Southeast Asia,” he noted. “Unfortunately, we do not have the same percentage in the U.S. market. There are many chances and possibilities in the U.S. for a creative and innovative company. I think we can bring that energy to the
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