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July 5, 1987

OKI (UK) LTD TO MANUFACTURE MATRIX PRINTERS FOR EUROPEAN MARKET

By CBR Staff Writer

Oki Electric’s planned factory in Cumbernauld, Scotland (CI No 716) – in part of the abandoned Burroughs factory, will manufacture matrix printers for the European market in competition with market leader Epson: the company has formed Oki (UK) Ltd capitalised at UKP2m, and will initially invest UKP8.5m in the plant, which is due to open by year-end, starting with 230 employees and rising to 340 in two years, starting by producing 17,000 printers a month before diversifying into other computer and office kit.

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