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Nikon Closing Two Interchangeable Lens Factories in March

"As the camera market continues to shrink due to the spread of smartphones, the production system will be reviewed to reduce costs." According to a translated report from Nikkei, Nikon will suspend operations at two of its factories that produce interchangeable lenses come March. Both the Nagai Plant in Nagai City and the Aizu Plant in Tadmi will be consolidated into its one remaining factory in Otawara City. With the plants closing, Nikon is asking all 108 employees at the Nagai factory and 54 employees at the Aizu factory if they are willing to move to the factory in Otawara City. If it's too difficult to move, Nikon says they will support reemployment. As for the factories, which are owned by the subsidiary TNI Kogyo, the Nagai factory will be sold while the Aizu factory will be returned to the local government. Nikkei reports that "as the camera market continues to shrink due to the spread of smartphones, the production system will be reviewed to reduce costs." Read More...

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Published By: NoFilmSchool - Thursday, 4 February, 2021

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