Memjet plans to open new factory in Sydney

Memjet, a world-leading printing technology company, has chalked out plan to open new factory in North Ryde, Sydney. The factory will start producing the cores for commercial printing machines. The local manufacturing for means a US$15–20 million increase on Australian value add per year, says a source. It continues to say that 100 percent of the factory’s output will be exported. Memjet is a pioneer of advanced digital ink-jet printing technologies. The printing ‘engines’ that Memjet creates are the brains in many of the world’s best-known printing machine brands. This includes brands like Canon, Konica Minolta, PCMC, MGI and Gallus.

Most of the company’s design and research and development (R&D) work is executed in Australia. Over the past 7 years, the company has registered 183 patents, with most held in Australia and the United States. Until recently, however, most print engine assembly was done overseas, in particular in northeast Asia. In July 2021, Memjet finished the design of its latest print engine. Executives had to decide where to assemble it. Several factors made executives think again about investing in Asia.