GENICOM
Encyclopedia
From 1982 to 2003, GENICOM was a leading American
manufacturer of computer printers, based in Chantilly, Virginia
.
(GE) decided to decentralize the company into separate business units. After reorganizing the motors and controls groups, several products remained that did not fit into the new groups- these 'leftovers' were formed into the Specialty Control Department.
A decision was made to build a new plant in Waynesboro, Virginia
for Specialty Control with Dr. Louis T. Rader as General Manager. $3.5 million was used to purchase 75 acres (303,514.5 m²) and build the plant on the site of the original 1927 Waynesboro airport. The seminal managers and engineers consisted of 145 families moved from Schenectady, New York
and the initial workforce consisted of about 400 local residents were hired in the first year.
added the 350 series dot matrix printers and the LineWriter series of band printers to their product line.
During these years Genicom leased offices in Calabasas, California. At this facility development was being conducted on a 400 dot per inch monochrome laser printer. In the early 1990s, GENICOM's headquarters and corporate offices were moved from Waynesboro, VA to Chantilly, Virginia
.
In January 1995, the purchase of Printer System Corporation (PSC), a small developer of IBM interfaces in Gaithersburg, Maryland
, was announced. PSC President Art Gallo joined GENICOM as a vice president. PSC became GENICOM 's laser development group and began producing GENICOM printers using Lexmark
and Kentek engines.
In 1996 Texas Instruments
printer business was purchased, giving GENICOM a line of airline ticket, boarding pass and baggage tag printers.
In August 1997, GENICOM purchased the printer division of Digital Equipment Corporation
for $27 million and produced printers under both the GENICOM and Digital logos. Compaq
purchased Digital in February 1998 and new products were then branded with the Compaq logo. The relays group was sold to CII Technologies (since acquired by Tyco International
) and soon moved to North Carolina.
In 1997 new 320000 square feet (29,729 m²) repair facility was built in Louisville, Kentucky
and operations were moved from Waynesboro. The Louisville operation proved unprofitable and was closed in April 2000.
GENICOM upgraded their old ASK/CA Manman database to Oracle
; the project was budgeted for $6 million but cost $20 million by 1999.
in January when stock price went below $1. CEO Paul Winn and Chief Financial Officer James Gale were relieved of their positions in March as the company went into chapter 11
and Shaun Donnellan was brought in as CEO. The Canadian operations were sold for $6.22 million and the airline printer business was sold to IER for $3.5 million. The ongoing lawsuit with Compaq was settled for $12.6 million. GENICOM International was spun off as a separate corporation, selling and marketing GENICOM products.http://www.stockhouse.ca/bullboards/viewmessage.asp?no=1616632&tableid=2
In August, Sun Capital Partners and Art Gallo purchased the remaining assets of GENICOM, including the operations in Chantilly, Waynesboro and McAllen.http://www.tallygenicom.com/company/press/2000/PR20000804.htm
The Datacom manufacturing operation was purchased in 2001 and operated as a sister company.http://www.tallygenicom.com/company/press/2001/PR20011106.htm
(TG).
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
manufacturer of computer printers, based in Chantilly, Virginia
Chantilly, Virginia
Chantilly is an unincorporated community located in western Fairfax County and southeastern Loudoun County of Northern Virginia. Recognized by the U.S. Census Bureau as a census designated place , the community population was 23,039 as of the 2010 census -- down from 41,041 in 2000, due to the...
.
The GE years
In 1954, General ElectricGeneral Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...
(GE) decided to decentralize the company into separate business units. After reorganizing the motors and controls groups, several products remained that did not fit into the new groups- these 'leftovers' were formed into the Specialty Control Department.
A decision was made to build a new plant in Waynesboro, Virginia
Waynesboro, Virginia
Waynesboro, deriving its name from General Anthony Wayne, is an independent city surrounded by Augusta County in the U.S. state of Virginia. The population was 21,006 in 2010.....
for Specialty Control with Dr. Louis T. Rader as General Manager. $3.5 million was used to purchase 75 acres (303,514.5 m²) and build the plant on the site of the original 1927 Waynesboro airport. The seminal managers and engineers consisted of 145 families moved from Schenectady, New York
Schenectady, New York
Schenectady is a city in Schenectady County, New York, United States, of which it is the county seat. As of the 2010 census, the city had a population of 66,135...
and the initial workforce consisted of about 400 local residents were hired in the first year.
GENICOM
In 1982, GE sold the printer and relays groups and the company was formed as the GENICOM Corporation in 1983. The 1987 purchase of the printer business assets of CentronicsCentronics
Centronics Data Computer Corporation was a pioneering American manufacturer of computer printers, now remembered primarily for the parallel interface that bears its name.-The beginning:Centronics began as a division of Wang Laboratories...
added the 350 series dot matrix printers and the LineWriter series of band printers to their product line.
During these years Genicom leased offices in Calabasas, California. At this facility development was being conducted on a 400 dot per inch monochrome laser printer. In the early 1990s, GENICOM's headquarters and corporate offices were moved from Waynesboro, VA to Chantilly, Virginia
Chantilly, Virginia
Chantilly is an unincorporated community located in western Fairfax County and southeastern Loudoun County of Northern Virginia. Recognized by the U.S. Census Bureau as a census designated place , the community population was 23,039 as of the 2010 census -- down from 41,041 in 2000, due to the...
.
In January 1995, the purchase of Printer System Corporation (PSC), a small developer of IBM interfaces in Gaithersburg, Maryland
Gaithersburg, Maryland
Gaithersburg is a city in Montgomery County, Maryland, United States. The city had a population of 59,933 at the 2010 census, making it the fourth largest incorporated city in the state, behind Baltimore, Frederick, and Rockville...
, was announced. PSC President Art Gallo joined GENICOM as a vice president. PSC became GENICOM 's laser development group and began producing GENICOM printers using Lexmark
Lexmark
Lexmark International, Inc. is an American corporation which develops and manufactures printing and imaging products, including laser and inkjet printers, multifunction products, printing supplies, and services for business and individual consumers...
and Kentek engines.
In 1996 Texas Instruments
Texas Instruments
Texas Instruments Inc. , widely known as TI, is an American company based in Dallas, Texas, United States, which develops and commercializes semiconductor and computer technology...
printer business was purchased, giving GENICOM a line of airline ticket, boarding pass and baggage tag printers.
In August 1997, GENICOM purchased the printer division of Digital Equipment Corporation
Digital Equipment Corporation
Digital Equipment Corporation was a major American company in the computer industry and a leading vendor of computer systems, software and peripherals from the 1960s to the 1990s...
for $27 million and produced printers under both the GENICOM and Digital logos. Compaq
Compaq
Compaq Computer Corporation is a personal computer company founded in 1982. Once the largest supplier of personal computing systems in the world, Compaq existed as an independent corporation until 2002, when it was acquired for US$25 billion by Hewlett-Packard....
purchased Digital in February 1998 and new products were then branded with the Compaq logo. The relays group was sold to CII Technologies (since acquired by Tyco International
Tyco International
Tyco International Ltd. is a highly diversified global manufacturing company incorporated in Switzerland, with United States operational headquarters in Princeton, New Jersey...
) and soon moved to North Carolina.
In 1997 new 320000 square feet (29,729 m²) repair facility was built in Louisville, Kentucky
Louisville, Kentucky
Louisville is the largest city in the U.S. state of Kentucky, and the county seat of Jefferson County. Since 2003, the city's borders have been coterminous with those of the county because of a city-county merger. The city's population at the 2010 census was 741,096...
and operations were moved from Waynesboro. The Louisville operation proved unprofitable and was closed in April 2000.
GENICOM upgraded their old ASK/CA Manman database to Oracle
Oracle Database
The Oracle Database is an object-relational database management system produced and marketed by Oracle Corporation....
; the project was budgeted for $6 million but cost $20 million by 1999.
Delisting
GENICOM's stock was delisted from the NASDAQNASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
in January when stock price went below $1. CEO Paul Winn and Chief Financial Officer James Gale were relieved of their positions in March as the company went into chapter 11
Chapter 11, Title 11, United States Code
Chapter 11 is a chapter of the United States Bankruptcy Code, which permits reorganization under the bankruptcy laws of the United States. Chapter 11 bankruptcy is available to every business, whether organized as a corporation or sole proprietorship, and to individuals, although it is most...
and Shaun Donnellan was brought in as CEO. The Canadian operations were sold for $6.22 million and the airline printer business was sold to IER for $3.5 million. The ongoing lawsuit with Compaq was settled for $12.6 million. GENICOM International was spun off as a separate corporation, selling and marketing GENICOM products.http://www.stockhouse.ca/bullboards/viewmessage.asp?no=1616632&tableid=2
In August, Sun Capital Partners and Art Gallo purchased the remaining assets of GENICOM, including the operations in Chantilly, Waynesboro and McAllen.http://www.tallygenicom.com/company/press/2000/PR20000804.htm
The Datacom manufacturing operation was purchased in 2001 and operated as a sister company.http://www.tallygenicom.com/company/press/2001/PR20011106.htm
TallyGenicom
In 2003, GENICOM and Tally merged to form TallyGenicomTallyGenicom
The TallyGenicom brand, acquired by Printronix in 2009, includes laser and line matrix printers, parts, consumables and service. Printronix now owns the intellectual property and worldwide sales distribution rights for TallyGenicom line matrix and laser technologies, including printers, supplies...
(TG).