| BUSINESSWEEK ONLINE : FEBRUARY 5, 2001 ISSUE | |||||
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| FRONTIER -- FEATURES
He's Got Ink in His Veins 3.29.99 In the early 1990s, JEFFREY A. RANDAZZO's Long Island (N.Y.)-based color-separation company, Imaging International Inc., went belly-up--the result of an overly ambitious expansion and a large investment in faulty equipment. When we met him in March, 1999, he had relaunched the company in Delray Beach, Fla., and seemed chastened, content with slow growth and $2.5 million in revenues. That timidity didn't last long. Randazzo has jumped back into hot-growth mode, with big plans for a high-tech printing product he developed and patented with DuPont. In fact, Randazzo is so confident that he spurned a $5 million buyout offer from the chemical giant. ''I think I can earn that much in licensing fees in one year,'' he says. He's also investing $1 million in a new facility in Yonkers, N.Y. And Randazzo doesn't seem worried about history repeating itself. He already has customers for the new plant, including paper-products manufacturer Georgia-Pacific Corp., which he hopes will boost revenues by 25% or more. Clearly, for this entrepreneur, old habits die hard. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP |
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