The on-demand publishing, billing and financial statement printing business in Japan can take advantage of an extremely high-speed, high- resolution digital printing system from SCITEX DIGITAL PRINTING, INC. that has no domestic match. The Dayton, Ohio company has named SHOWA INFORMATION SYSTEMS CO., LTD. to market its VersaMark system, which can print nearly 2,200 ppm with a resolution of up to 600 dots per inch at a cost of less than a tenth of a cent. Printing in a range of colors as well as black and white is possible, as is two-sided printing. Two models of the VersaMark are available: one that prints 325 feet per minute and starts at $1.6 million and another that does 500 feet per minute. Showa Information Systems thinks that it can sell five VersaMark systems a year.
The world leader in solid object imaging, 3D SYSTEMS CORP., continues to push the envelope with the release of the ThermoJet Solid Object Printer. Like the Valencia, California company's other products, this printer allows design engineers to turn computer images into physical 3D objects. However, it does so more quickly and affordably in an office setting than the Actua 2000 that it replaces, thereby bringing solid object imaging within the reach of more businesses. Moreover, ThermoJet is said to offer the flexibility to make changes or modifications easily and to individual specifications. In Japan, ThermoJet is priced at $81,700.
The Windsor, Connecticut ABB COMBUSTION ENGINEERING INC. unit of ABB INC. has a $10 million contract to supply a heat-recovery steam generator for a 400-MW gas-fired combined-cycle power plant that JAPAN GAS TURBINE K.K. will build for independent power producer KAWASAKI STEEL CORP. The heat-recovery steam generator will convert the heat in the exhaust gases from a gas turbine into high-pressure, high-temperature steam that will drive a steam turbine. Construction of the KSC power plant is scheduled to start in January 2000, with commercial operations planned for June 2002. Japan Gas Turbine is majority-owned by ABB's Zurich, Switzerland parent. Its partner is KAWASAKI HEAVY INDUSTRIES, LTD.
An exchange rate of ¥120=$1.00 was used in this report.aaaaaa