LaserCycle divides to conquer
LaserCycle divides to conquer - Kansas CIty - MSNBC.com: "By Rob Roberts
Kansas City Business Journal
LaserCycle Inc., a remanufactured printer cartridge firm that's been growing faster than ink dries, has spun off a division into a separate, 500-employee corporation.
The new corporation, InkCycle Inc., has taken over remanufacturing and wholesale sales of the roughly 750,000 toner and inkjet cartridges cranked out each month at 11100 W. 82nd St. in Lenexa's Brookhollow Business Park.
LaserCycle, which retained 30 employees and direct sales of cartridges and other printer supplies and services, completed the divestiture on April 1.
'As we continued to grow,' said Brad Roderick, executive vice president of InkCycle, 'it became clear that we had two separate business models -- one that ships thousands of units and one that sells a few cartridges at a time. We needed two distinct companies so they could focus on their own sets of core competencies.'
Roderick said LaserCycle founder Rick Krska had led the corporation to double-digit growth each year since he started refilling and recycling toner cartridges in his basement in 1992."
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