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Squid Ink Manufacturing Inc.

Last update: September 13, 2005 - 11:00 PM

Business: Manufactures industrial inkjet printers and replacement inks for printers made by Squid Ink and its competitors.

Founded: 1992

Headquarters: Spring Lake Park

Website: www.squidink.com

Executive: Founder Bill Hoagland

Employees: 95, 60 of them in the Twin Cities. The company also has a facility in Arlington, Texas, and salespeople across the country.

2004 revenue: $11 million in fiscal year ended Sept. 30, 2004, headed for $15 million in fiscal 2005.

Quote: "How do you milk the squids?" -- Question asked of Hoagland, who had chosen the Squid Ink name because he thought it would be memorable.

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