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Early last week, Canon U.S.A. Inc. claimed that it was going to jettison its large headquarters building off the LIE in Melville and have its 1,100 employees work from home permanently if Suffolk County NY doesn’t grant additional tax breaks, a top executive said. The Japanese camera and photocopying was seeking $7 million in tax breaks over 12 years from the Suffolk County Industrial Development.
Last Thursday, Canon won a preliminary approval
for an additional $7 for more tax breaks from Suffolk County.The Japanese camera and photocopying giant requested additional help because a 10-year incentive package initially approved in 2007 for $35 million is set to expire.
That aid, from the county’s Industrial Development Agency, played a key role in Canon’s decision to relocate the headquarters from Lake Success to a former pumpkin farm on Walt Whitman Road instead of out of state. The company moved to the $500 million building in early 2013.
“Our experience [during the COVID-19 pandemic] over the past three years has proven that we don’t need a brick-and-mortar building to be successful,” Seymour Liebman, Canon’s executive vice president, chief administrative officer and general counsel, wrote in a Dec. 4 letter to the IDA. “We are currently operating a hybrid model where employees work from home three days per week, and a transition to fully remote would substantially cut operating costs.”
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