Canon up-phases Bac Ninh factory
Japanese laser printer manufacturer Canon just inaugurated the second phase of its factory in Tien Son Industrial Park in northern Bac Ninh province.
The expansion has an investment of $27 million and will bring output up to 10.8 million products a year and employ 5,400 local workers by 2016.
The investment in Vietnam will further strengthen Canon, as the world’s leading printer manufacturer.
The company entered Vietnam in 2001 with its first investment in Thang Long Industrial Park in Hanoi. To date it has built three factories, with the other two in Que Vo and Tien Son industrial parks.
The factory in Tien Son was built in 2007. Over the past seven years Canon has already increased its production capacity at this factory from two million to eight million products annually.
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