Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
NuKote Inc history
NuKote Inc company history timeline
By 1986, when the Rochester, New York-based Burroughs merged with Sperry Corporation to form Unisys, tiny Nu-kote was watching orders for its products recede against the rising tide of a technology in which laser, inkjet, and thermal technologies dominated.
In the first quarter of 1986, Pelikan purchased the facilities of Dennison Computer Supplies in Edenton, NC expanding the company foot print to a total of three plants within the United States.
1986 – The Aluminum, Brick and Glass Workers International union wins the right to represent 500 of the Franklin, TN plant’s employees in contract talks with management.
February 1987 – Pelikan welcomes Donald J. Polak as the new company President.
In November 1987, the Tennessee plant would embark on a $750,000, 32,000 square foot expansion that would include a new distribution center and parking garage.
In 1987 Unisys decided to divest itself of several small supply businesses, among them, Nu-kote.
The following year (1987), workers at the Franklin plant would file a decertification petition for their union coverage.
Photo by Bill Easley and published in the 3/16/1988 edition of “The Tennessean”
In 1988, the company counted 700 employees amongst their three plants with the Franklin site home to 539 of them.
In addition to his stint with Pelikan, Inc. in the United States, he would take over responsibility for all of Pelikan’s factories in the Hardcopy and PBS (stationary) divisions in Europe in 1988.
By the first quarter of 1989, the Derry division would employ 97 people.
March 1991 – A jury in Nashville, TN awards the Smith Corona Corporation $1,670,000 in damages due to Pelikan’s infringement of three of the company’s patents.
In 1992 Nu-kote was ready to go public.
The resulting net earnings for 1992 were $1.5 million.
Supportive evidence for this comes by way of the M800 Transparent Green Collector’s Edition released in 1992.
In early 1993 the company acquired Future Graphics.
Nu-kote's 1993 sales rose to $120 million.
In 1993, Pelikan began to divisionalize the Pelikan Group worldwide into a PBS (stationery) division and a Hardcopy (printer consumables) division.
Meanwhile, sales of ribbons for typewriters and first-generation printers like the daisy wheel still generated sales of $1.6 billion in the United States--and accounted for 55 percent of company revenues in 1994.
The acquisition of Pelikan Hardcopy effectively tripled Nu-kote's size; sales for fiscal 1995 would jump from $151 million to $193 million, although net earnings reflected over $14.5 million in restructuring expenses associated with the company's expansion with a loss of $12.4 million.
Indeed, 1996 would be a banner year for the company, as it posted net earnings of $13.1 million on sales of over $424 million.
By early 1996 Nu-kote could boast manufacturing plants in five states, as well as in Colombia, South America, the United Kingdom, Germany, and Switzerland.
In 1996 alone, of the 210 new products introduced by the company, 62 were ink jet supplies.
Nu-kote has also begun to look beyond re-producing products based on those of the OEMs; with its enhanced R&D capabilities and its emphasis on developing reusable and recyclable products, the company would expend over $12 million in the area of development in fiscal 1997 alone.
November 6, 1998 – Nu-Kote Holding, Inc. and six of its subsidiaries file for Chapter 11 bankruptcy protection.
4/20/1998. “Firm, union sign 3-year labor contract.” Latrobe Bulletin.
September 30, 1999 – Nu-Kote sells several subsidiaries to Pelikan Hardcopy Europe Limited, a Scottish corporation, for $16.5 million.
A closeout sale open to the public occurred late in the year 2000, just before Chartpak would assume the role of distributor, a position that they’ve held for the past 19 years.
© 2017 Nukote Coating Systems
Rate how well NuKote Inc lives up to its initial vision.
NuKote Inc jobs
Do you work at NuKote Inc?
Does NuKote Inc communicate its history to new hires?
NuKote Inc competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Eminess Technologies, Inc | 2000 | - | 176 | - |
| American Standard Circuits | 1988 | $25.0M | 50 | 9 |
| SunEdison Semiconductor | 1959 | $776.7M | 4,400 | - |
| FP International | 1967 | $18.0M | 249 | - |
| Gelman Sciences, Inc | 1959 | $180.0M | 610 | - |
| Sigma Circuits Inc | - | $210.0M | 785 | - |
| Ormet Circuits | 2001 | $480,000 | 5 | - |
| Aearo Technologies | 1990 | $303.1M | 3,000 | - |
| Precision Castparts | 1949 | $10.0B | 30,100 | 518 |
| Inrad Optics | 1973 | $11.4M | 51 | - |
NuKote Inc history FAQs
Zippia gives an in-depth look into the details of NuKote Inc, including salaries, political affiliations, employee data, and more, in order to inform job seekers about NuKote Inc. The employee data is based on information from people who have self-reported their past or current employments at NuKote Inc. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by NuKote Inc. The data presented on this page does not represent the view of NuKote Inc and its employees or that of Zippia.
NuKote Inc may also be known as or be related to NuKote Inc and Nukote Inc.