Tonernews :Canon's 2 Recent Toner Articles Just Don't Jive ?

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Date: Wednesday March 21, 2012 09:27:33 am
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    Tonernews :Canon’s 2 Recent Toner Articles Just Don’t Jive?
    Tonernews would like to get our readers opinion on 2 recent Articles in regards to Canon’s hiring position in the USA and their claims into wanting to save $4.84 Billion in Japan by using robots in it’s printer toner plants.

    Canon’s U.S. statement says "Will hire up to 500 over the next 4 years" ( See below )
    Canon’s Japan statement says " To use robots in printer toner plants " ( See below )

    wich one is it Canon ?

    can they really save $ 4,84B by hiring 500 in the U.S.over the next 4 years ?

    we feel these 2 articles are very contradictory

    that’s what happens when a Global fortune 500 company does anything it can to protect it’s Stocks shares values amid hard economic times

    staff
    TonerNews.com

    http://www.dailypress.com/news/newport-news/dp-nws-canon-sidebar-20120318,0,5818992.story
    Canon Virginia to hire up to 500 over next 4 years, laser cartridge plant drives resurgence
    Canon Virginia: Plan is to hire hundreds
    Canon Inc aims to cut at least 400 billion yen ($4.84 billion) in costs over four years to soften the likely impact of a strong yen and an economic slowdown in Europe, the Nikkei reported.
     The resurgence continues at Canon Virginia Inc.The company — which includes its Oyster Point facilities in Newport News as well as its Gloucester recycling plant — is on a hiring spree.

    Canon, after slipping to 1,300 employees in 2006, is now at 2,000 workers.

    And the company is expected to hire 400-500 workers over the next four years, said Ron Briggs, a vice president at Canon Virginia, which will take the company back to at or near its peak employment in the 1990s. The bulk of the new employees will work at the new automated plant that manufactures laser cartridges for printers.

    "We’re going to be adding several hundred people, if all goes as scheduled," Briggs said.

    Workers for some of the higher-end jobs, such as experienced engineers, could earn more than $50,000 per year.

    Briggs said one of the main reasons behind the company’s comeback is the decision to build the automated laser cartridge plant, which opened in 2009 in Newport News.

    The demand for cartridges has skyrocketed with the proliferation of color printers over the past 10 years, he said. Color printers need more cartridges.

    "It’s kind of like razor blades. You’ll buy one razor but hundreds of razor blades," Briggs said.

    Canon’s leaders at corporate headquarters in Japan realized the importance of manufacturing cartridges close to its customers, he said, so it can more quickly deliver the product to consumers.

    At the laser cartridge plant, three assembly lines currently operate, and they expect to add seven additional lines over the next few years, Briggs said. The plant also does injection molding that makes covers for the cartridges and other components needed for the cartridges, Briggs said.

    "Just because it’s automated doesn’t mean that we don’t have employees working there," Briggs said. The laser cartridge plant currently employs 450. "Instead of assembly workers, we need skilled technicians and engineers to keep it running."

    New employees go through training on-site provided by Thomas Nelson Community College and Rappahannock Community College. Assisting Canon Virginia is the decision to house Canon’s camera repair center in Newport News and the expansion of its contract manufacturing for other businesses.

    To help lure the new cartridge plant to Newport News, a series of tax breaks and incentives were offered, including a $20 million grant from the Virginia Investment Partnership, a $17.4 million machinery and tools tax rebate over 10 years, a $5 million state transportation grant which paid for road improvements around the Canon plant and $1.5 million for site preparation from the Governor’s Opportunity Fund.

    Newport News City Manager Neil Morgan said that the public investment is paying off.

    "They have been a great corporate citizen," Morgan said. "They stuck with this community even during the tough times for manufacturing."

    Canon stands in contrast to Rochester, N.Y.-based Eastman Kodak, which has shed jobs, and declared bankruptcy in January.

    John Ward, a lecturer at Rochester Institute of Technology’s business college and a former Kodak executive, said in an email response to a question that Canon handled the transition to digital photography better than Kodak, and focused more than Kodak on office and consumer equipment.

    http://www.is-guide.com/news/canon_to_use_robots_in_printer_toner_plants-8571.aspx
    Canon to use robots in printer toner plants – Japan
    Canon is looking to reduce costs by using robots for the manufacture of its printer toner and possibly camera lenses, according to Reuters.Following a report in the Nikkei, Canon is aiming to save 400 billion yen ($4.82 billion) over the next four years and robots will help contribute to this aim. Cost-cutting is a key part of Canon’s strategy as its exports become more expensive due to the strong yen and the slow economy in Europe.Canon is also reportedly hoping to boost sales by around 41 percent over the next four years

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