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Axiohm TPG Announces Rightsizing.


Business & Technology Editors

ITHACA Ithaca, city, United States
Ithaca (ĭth`əkə), city (1990 pop. 29,541), seat of Tompkins co., S central N.Y., at the southern end of Cayuga Lake, in the Finger Lakes region; settled 1789, inc. as a city 1888.
, N.Y.--(BUSINESS WIRE)--July 24, 2002

Axiohm Transaction Printer Group (Axiohm TPG TPG Texas Pacific Group
TPG Tapping
TPG Transports Publics Genevois (Geneva, Switzerland public transportation)
TPG Test Pattern Generator
TPG TNT Post Group
TPG Trésorier Payeur Général
) a division of Axiohm Transaction Solutions, Inc. announces it has rightsized Axiohm TPG's Ithaca, New York
This article is about the City of Ithaca and the region. For the legally distinct town which itself is a part of the Ithaca metropolitan area, see Ithaca (town), New York.

For other places or objects named Ithaca, see Ithaca (disambiguation).
 facility.

In a statement issued by Stuart Groom, CFO See Chief Financial Officer.  and Senior Vice President, Groom indicated that current economic conditions make it necessary for the company to rightsize its workforce in order to remain competitive in a cost sensitive market place. The rightsizing Selecting a computer system, whether micro, mini or mainframe, that best meets the needs of the application.  involves the elimination and realignment of positions to suit the needs of the business and market requirements of retail and banking peripheral products. Groom said, "We are taking these measures to continue to deliver positive financial results, just as we have during the last six quarters, and to assure our customers that Axiohm TPG will remain viable over the long term."

About Axiohm TPG

Axiohm TPG (Transaction Printer Group) manufactures Transaction and Kiosk Printers for the Retail/POS, Banking/ATM, Hospitality, Self-Service/Kiosk, Petroleum Vending, and Gaming/Lottery markets. Axiohm TPG's manufacturing facilities are located in Ithaca, NY and Riverton, WY.

For more information contact Axiohm at 1 800 732 8950 or visit www.axiohm.com.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:1USA
Date:Jul 24, 2002
Words:191
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