Canon will Establish Laser Printer Plant in the Philippines

Canon Incorporated (Japan) will build their new laser printer production plant branch in the Philippines expecting a rise in demand on their laser printer products, according on the announcement made on Tuesday by the consumer electronics company. Laser printers are most common in SMBs or Small-to-Medium-Businesses that are incorporated with laser toner cartridges like Canon 128 toner in order to save money rather than using an expensive inkjet printers.

This company will invest a 10.128 billion pesos in setting up the Canon Business Machines, Inc. in the country. It will be located at a 30.1 -hectare land property in the First Philippines Industrial Park in Batangas. The construction will start this coming April of 2012 and will begin its business operations in a year later.

According to Canon, Inc. statement: "The expected increase in future demand for competitively priced laser printers has created a pressing need for Canon to secure necessary production capacity while making it possible for the company to respond in a flexible manner,".

Additionally, the company's well established subsidiaries will provide a steady supply of human resources that are capable of communicating in English, and this will make the location well suited for manufacturing their quality products.

The floor area of the planned manufacturing plant will cover about 8.3 hectares of the Canon Business Machine's property. In the year 2014, the said establishment will expected to hire about 5,000 employee.

Canon Incorporated have already their two existing branch in the Philippines back in August 1991 and December 1996, these are the Canon Information Technologies Philippines, Inc. and the Canon Marketing, Inc. (Philippines).

Denise Rasalan
Owner, Great Prints Solutions

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