HOLMEN — It’s been about three decades back Bob King and Mike Marty abdicate their jobs and founded Laser Product Technologies Inc.
King and Marty awash the Holmen business on Nov. 1 to La Crosse-based DuraTech Industries Inc. and Justin Pretasky, who is allotment client of DuraTech. Duratech provides custom characterization book casework for barter about the world.
With the sale, King, who is 71, and Marty, who is 72, accept retired.
Laser Product Technologies is best-known for remanufacturing toner cartridges for use in laser printers and multifunctional devices. That is how the business got started, and remanufactured toner cartridges still annual for about one-third of its sales.
Cari Harper works remanufacturing a laser printer armament at Laser Product Technologies.
WHAT: A business that remanufactures toner cartridges; provides book administration services; and offers sales and annual of printers, copiers, computers and accompanying supplies.
WHERE: 3936 Circle Drive in Holmen.
NEW OWNERS: Bob King and Mike Marty, who founded the business in 1989, awash it Nov. 1 to DuraTech Industries Inc. and Justin Pretasky, who is allotment client of DuraTech.
MORE INFO: Call the business at 608-781-1606 or appointment www.lptnow.com or the firm’s Facebook page.
Print administration casework annual for addition one-third of the company’s sales and are the fastest-growing allotment of its business. That involves installing computer software that is acclimated to acquaint Laser Product Technologies such things as what the toner levels are in all of the customers’ equipment, back added toner cartridges charge to be alien to the customer, how abounding pages accept been printed, and whether the customer’s accessories needs servicing.
“So aggregate is proactive rather than reactive,” King explained. Book administration casework accumulate administration of all of the customer’s accessories and helps the chump abate their costs.
Sales and annual of printers, copiers, computers and accompanying food annual for the added one-third of the company’s business, Pretasky said.
Laser Product Technologies has about 2,500 customers, mainly in western Wisconsin, northeastern Iowa and southeastern Minnesota. Some of its barter accept offices about the nation, which extends breadth the company’s articles and casework go.
As for any changes he affairs to accomplish in the business, Pretasky said, “We’re activity to aggrandize a bit on the band-aid ancillary of the business. We’ll be alms laptops, computers, ability back-ups and aegis for computer and operating systems, things like that.”
Pretasky acclaimed the Holmen close is one of alone 50 Hewlett Packard Premier Partners dealers in the nation. Getting that appellation requires a close to be HP-certified by commutual a accurate training affairs in sales, annual and warranty, he said. It additionally gives the close admission to baddest accessories and services.
Pretasky additionally said Laser Product Technologies will abide beneath its accepted name, and at its accepted location. The business has 16 employees.
King and Marty were the alone two advisers back they founded the business in 1989 in a baby architecture at N5554 Abbey Road in Onalaska, as a remanufacturer of toner cartridges.
King is a built-in of Fond du Lac, Wis., while Marty was built-in in Wyandotte, Mich. Marty’s ancestor was in the military, so his ancestors confused about and he was aloft in altered states, admission from aerial academy in Ohio.
King and Marty both formed in sales for computer companies back they aboriginal abstruse about remanufacturing toner cartridges at a computer barter appearance in the Chicago area.
After that, Marty said, “We got on the buzz and alleged a lot of businesses and asked if they had laser printers or had affairs for laser printers.”
They absitively to abdicate their sales jobs and alpha Laser Product Technologies.
Five years later, because their business had grown, they congenital the accepted Laser Product Technologies architecture at 3936 Circle Drive in the Cedar Creek Business Park, a the McDonald’s restaurant on County Highway OT in Holmen. And bristles years afterwards that, they congenital a additional architecture aing door.
“We’re a able bounded leader” in the remanufacture of toner cartridges, King said.
Since the business began in 1989, it has remanufactured added than 500,000 toner cartridges, extenuative from the ambiance added than 1,250 bags of plastic.
Each toner armament can be remanufactured seven to 10 times afore cutting out and accepting its genitalia recycled.
In remanufacturing toner cartridges, Laser Product Technologies advisers apple-pie and audit the cartridges, alter beat or damaged genitalia with new parts, bushing them with toner and analysis anniversary armament afore it leaves the company’s facility.
Customers are motivated to buy remanufactured toner cartridges by absent to be added “green” and because it can save them 30 to 40 percent compared with the amount of affairs a cast new toner cartridge.
Pretasky said he was absorbed in affairs the business because “What was absorbing to me was the alcove bazaar that they have. They accommodate the book administration casework and advertise accessories to customers, but additionally remanufacture (toner cartridges) and absolutely advice barter go green. They’re 100 percent focused on allowance barter save money and run their business.” Pretasky additionally said the business has a affection staff.
The company’s founders said they absitively to advertise because they were accessible to retire.
“We had an befalling to advertise it to a competitor,” Marty said. If they had done that, he said, “We anticipate it would accept been absorbed” by the client and there would accept been job losses.
“The acumen we went with who we did (DuraTech and Pretasky) is we capital the bequest to continue,” King said, abacus that he and Marty are appreciative of the aggregation and its staff.
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