Lexmark’s parent builds new printer plant
Ninestar, owner of Lexmark, announced that the first phase construction of a printer manufacturing factory is approaching completion in Zhuhai, China
- The industrial pack covers an area of 900,000 square meters and funded by $1.3 billion
- Phase 1 is targeted to produce 2 million print devices per year
- After Phase 2, will target a total of 4 million