Canon building new Inkjet cartridge Factory
Canon to Build New Ink Factory
Canon Inc, have announced that they are investing 80 Billion Yen to build a new factory in Japan to produce printer ink cartridges for their printers and copiers market.
Canon, which expects an eighth year of record earnings, plans to slash costs by about ¥100 billion each year. Robots will allow Canon to operate the new factory with about 1,000 workers, half the workforce at an existing factory with the same production capacity, a spokesman said.
Canon is Japan’s most profitable office equipment maker. Sales of multifunction photocopiers and printers accounted for 63 percent of its total revenue in the second quarter ended June 30.
