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September 08, 2008

Canon to Increase Production of Lenses

Canon Inc. recently announced its decision to construct new production facilities with the aim of expanding production of interchangeable EF lenses for single-lens reflex cameras. Construction of the new facilities is scheduled to begin in September 2008 with the expanded production operations expected to commence in July 2009.

Overview of Expansion Plans

1. Name: Canon Inc., Taiwan
2. Location: Taichung Hsien, Taichung Export Processing Zone, Taiwan
3. Representative: Kenji Yoshida, President
4. Business activities: Production of EF lenses for SLR cameras
5. Employees: approx. 2,400 (as of August 2008)
6. Capital: NT$800 million
7. Establishment: June 1970
8. Land area: approx. 20,365 sq. meters
9. Total floor area: Expansion area: 13,744 sq. meters (Total: 59,276 sq. meters)
10. Planned staff increase: approx. 600 (by 2009)
11. Investment: approx. ¥2 billion
12. Start of construction: September 2008
12. Start of production: July 2009 (tentative)
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