Scan-Tron Corp. Opens Plant in Puerto Rico
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Scan-Tron Corp. said it opened a satellite printing facility in Puerto Rico that will supply test forms to the company’s customers in the Eastern United States.
The Tustin-based company, which makes test-scoring equipment and forms, said the new plant near San Juan is scheduled to be in full operation by Oct. 1. The new site will have the capacity to produce about half of the 450 million test forms the company prints annually.
Clyde Campbell, Scan-Tron’s quality assurance manager since 1984, was named general manager of the new plant, which will employ about 30 workers.
Beside increasing its capacity, operating a production site in economically depressed Puerto Rico will result in a “pretty significant” tax incentive for the company, Scan-Tron said.
For its fiscal year ended June 30, Scan-Tron reported net income of $2.8 million on revenue of $25.7 million, compared to net income of $2.2 million on revenue of $19.5 million the prior year.
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