Canon to add 1,000 jobs to Newport News
- May 2, 2008
Canon Virginia will spend more than $600 million to expand operations in Newport News and Gloucester, eventually creating more than 1,000 new jobs.
The company announced yesterday that it will build a new manufacturing facility and renovate current facilities in Newport News, creating about 1,000 jobs there. It also will expand its IRT subsidiary facility in Gloucester, which recycles toner cartridges, a move expected to create additional jobs.
“We are excited about this tremendous opportunity to grow and expand our operations in Virginia,” Takayoshi Hanagata, president and CEO of Canon Virginia Inc. and Industrial Resource Technologies Inc., said in a statement.
Canon Virginia is part of Canon U.S.A. Inc., whose parent company is Japan-based Canon Inc. It provides business-to-business imaging solutions.
Canon approved $1.5 million from the Governor’s Opportunity Fund to help Newport News support the project and also a $20 million Major Eligible Employer grant. These grants are given to existing Virginia companies that make at least a $100 million investment in the commonwealth that creates at least 1,000 jobs.
The Virginia Community College Systems and Thomas Nelson Community College will lead a training alliance to create 880 technicians and supervisors during the next three years for Canon’s expansion.
“A key driver of the expansion decision was the development of a work-force pipeline to recruit and train the many new employees, and the Virginia Community College System stepped up to the plate to provide a solution for Canon in the Hampton Roads region,” Gov. Timothy M. Kaine said in a statement.