Ink and toner supplier company, Ink Worldwide, have commented on the recent news of Epson’s investment in manufacturing subsidiary Epson Precision Inc. to build a new plant for the increase in inkjet printer demands.

The 12.3 billion yen investment from Seiko Epson Corporation will help keep up with the increasing production volumes of inject printers and 3LCD projectors, with the high tech facilities due for completion early 2017, with construction set to being in Spring 2015.

The new plant is being built as Epson believe the current China, Indonesia and Philippines sites will not be able to fulfil the expected demand, as office inkjets and high-capacity tank models are seeing a rapid growth.

Projector production is also expanding, thanks to the business and education needs for the systems, and the new plant will help Epson expand its current line-up, offering commercial applications and business applications for everyone.

Epson also plan for the new plant to decrease the overall electricity consumption by half, with a plan to install a mega solar power generation system on the plants roof, holding a capacity of 3,000 kWh. Daytime electricity will be greatly reduced thanks to the solar power system in place.

The new plant will also see a rise in employment, with an expected 20,000 strong workforce over the current 12,500, to help with the planned production increase. Epson hopes to see a huge increase in business, and the construction will see no impact on the March 2015 end of fiscal year results.

Ink Worldwide often comment on industry news, and a spokesperson for the company said, ‘The investment shows that the amount of businesses and people who require a printer is on the rise. Printing has become more important on a day to day basis than ever before, thanks to the need to share information.

The increase is great for us, as every printer requires ink and toner to keep on top of the printing, and we can top up any printer thanks to our huge range of manufacturers ink we supply, and our worldwide shipping means anyone can benefit from our competitive prices. With the huge amount of options available in printing, and the increasingly affordable nature of the machines, it’s never been a better time to print.’

Ink Worldwide are a UK based ink and toner supplier, shipping a wide range of ink types throughout the world. They provide ink for the majority of ink manufactures, including Canon, Kodak, Samsung, Xerox and Epson, all at competitive prices. For further information on the range of inks, toners and services Ink Worldwide provide, visit www.inkworldwide.co.uk today.