Canon Invests $700 Million in Virginia
Virginia is Marketing, Engineering and Technology Center for Canon Americas
In 1985, Canon Virginia established its first location in the Commonwealth and began operations with a single copier manufacturing line in Newport News. Over the last 28 years, Canon has prospered in Virginia’s top-rate business climate and continues to grow its operations. The company has invested more than $700 million to add metal stamping, injection molding, metal fabrication, repair services, recycling, research and development, distribution, warehousing and technical support to its capabilities. Today, Canon Virginia maintains five facilities, two million square feet of floor space and 2,000 dedicated employees.
Canon Inc. has brought its world-class manufacturing to the American market. Canon Virginia’s Newport News campus serves as the Marketing, Engineering and Technology Center for Canon Americas, as well as the headquarters for this global company.
Canon Virginia announced its most recent expansion this June — a $27 million investment to add capacity for a toner manufacturing operation at its Newport News location. By allocating 30,000 square feet of upgraded space to this project, the company will improve efficiencies by manufacturing both the ink toner and cartridges all in one location.
The Commonwealth has provided a great location to further Canon Virginia’s research and development efforts. Canon Virginia became a founding member of the Commonwealth Center for Advanced Manufacturing, where it partners with some of Virginia’s leading manufacturing companies and universities to solve advanced manufacturing issues.
Canon has also found a strong workforce in the Commonwealth. The Virginia Community College System and exiting military personnel from the Hampton Roads region provide a talented pipeline for the company.
Through successful partnerships with local colleges, the company established the Canon Workforce Development Center at its Newport News campus in 2008. Not only do professors from nearby Thomas Nelson Community College and Rappahannock Community College come to the CWDC to teach classes, but Canon Americas employees from all over the U.S., South America and Canada receive training at the Newport News campus.
World-class manufacturing companies like Canon Inc. continue to invest in the Commonwealth due to its competitive operating environment, highly-skilled manufacturing workforce, premier logistics infrastructure, and leading educational and R&D opportunities.
To learn why manufacturing companies have invested more than $13.7 billion in Virginia over the last decade, click here.
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