Canon invests $600m into printer cartridges

One of the world’s largest manufacturers of office machines and office supplies has announced a major new investment in its printer cartridge division.

Over the next few years, more than 1,000 jobs will be created by Canon in the US as part of a $600 million (£300 million) investment in its printer cartridge sector.

Manufacturing printer cartridges will become one of Canon’s major priorities and a new 700,000 square foot factory will be at the heart of its plans.

Canon will also increase its recycling procedures, as well as using more eco-friendly printer products.

Tsuneji Uchida, president and chief operating officer of Canon, said: "The combination of producing, selling, collecting and recycling cartridges locally and eliminating the need to transport products around the world, will allow us to have a positive environmental impact by helping to reduce CO2 emissions worldwide."

Last month, Canon launched a new product designed to help businesses calculate the costs of their office supplies.

Technology developed by Canon and Sepialine can now calculate how much it costs businesses to print documents using their office machines – and also find ways of reducing costs.

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