Newport News, Virginia, May 1, 2008 – Canon Inc. and Canon U.S.A., Inc. today joined Virginia state and local officials to announce Canon's plans to expand its U.S. operations with new facilities and jobs in the Hampton Roads, Virginia, area. With the assistance of the Commonwealth of Virginia, Canon is expected to invest more than $600 million to expand the operations of Canon Virginia Inc., a subsidiary of Canon U.S.A., and create more than 1,000 new jobs.
As part of Canon U.S.A. and Canon Virginia's "Vision for the Future" program, these expansion plans will include the construction of a new 700,000 square foot facility for the manufacturing of cartridges for laser printers that will incorporate Canon's proprietary high-speed, automated technology for cartridge production, and the expansion of its repair and refurbishing facilities for digital consumer products. In addition, Canon plans to create a center for the research and development of automated and robotic manufacturing technologies for the Americas region in Newport News, and to expand its efforts in the recycling and reclaiming of toner cartridges and related materials at its Industrial Resource Technologies, Inc. (IRT) operations in Gloucester County, Virginia.