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Introduction

1200 W.T. Harris Boulevard
Charlotte, North Carolina 28262
U.S.A.
Telephone: (704) 547-6500
Fax: (704) 547-6813
Web site: http://www.verbatim.com

Wholly Owned Subsidiary of Mitsubishi Chemical Corporation
Incorporated: 1969 as Information Terminals Corporation
Employees: 60
Sales: $130 million (2005)
NAIC: 334613 Magnetic and Optical Recording Media Manufacturing

One of the world's most recognized data storage technology developers, Verbatim Corporation was one of the first manufacturers in the floppy disk industry, making its start several years after its founding in 1969. By virtue of a licensing agreement reached by the company's founder with International Business Machines (IBM), Verbatim began manufacturing floppy disks in the early 1970s, and has kept pace with the ever-changing marketplace since that time. Based in Charlotte, North Carolina, Verbatim operates as a subsidiary of Mitsubishi Chemical Corporation. Its product line includes CD recordable media, DVD recordable media, printable media, LightScribe media, USB drives, memory cards, and printer supplies.

1. Introduction
2. Early History
3. Explosive Growth in the 1970s Leads to Challenges
4. Rebounding in the 1980s
5. The Eastman Kodak Purchase: 1985
6. Sale to Mitsubishi Chemical in 1990
7. The Late 1990s and Beyond
8. Principal Competitors
9. Further Reading
10. Copyright Page
11. About Page