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.
Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.
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