Ink Firm Canon Announces New Philippines Base
Heavyweight ink firm Canon has announced that it is to begin manufacturing printers out of a new Philippines base, located in the province of Batangas.
Canon, which also manufacturer ink cartridges, will use the new base for the production of laser printers as well as accessories that will make for the creation of a globally optimized production system.
According to the company, the printer market has performed well, with competitively priced models playing a central role. This increased demand has created a pressing need for Canon to secure necessary production capacity.
It is anticipated that the new plant will have access to a steady supply of human resources, including many which are capable of communicating in English as well as making the location well suited for manufacturing.
The plant is expected to undergo construction in April 2012 with operations getting underway in April the following year. It is estimated that the plant will create around 5,000 new jobs by 2014.
Posted by Johnny McMaster.