Canon Machinery to Build New Plant in Shiga at 6 Bil. Yen
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By Kyodo News International, Tokyo  Feb. 15--OTSU -- Canon Machinery Inc. said Thursday it will spend about 6  billion yen to set up a plant to build production machinery for products such  as toner and ink cartridges around July 2008 in Moriyama, Shiga Prefecture.
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"We are excited about the opportunity for Craiova. But there is still much hard work to be done before a final agreement is reached"  BUCHAREST, Romania: Ford Motor Co. is to spend 675 million on developing a former Daewoo car factory in Romania into a major facility for its vehicle and engine production requirements, the company said Monday. via International Herald Tribune
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Japan's Canon Inc. 7751.T said on   Tuesday it would recall more than 140,000 personal copiers   because they could produce smoke or catch fire, costing the   office equipment maker about 200 million yen ($1.7 million).
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(InfoWorld) - If you can't beat them, join them. That's the motto of two of the world's most renowned makers of analog cameras, Germany's Leica Camera AG and Denmark's Hasselblad A/S, which have used the Photokina imaging show in Cologne, Germany, to launch several high-end digital cameras in an attempt to counter the market dominance of Asian manufacturers. "Last year, we had serious economic problems to contend with," said Josef Spichtig, Leica's chairman of the management board at a news conference. "The key question was whether the company would be able to carry the values and quality characteristics it had developed in the analog world into the digital world. The answer is yes as our new products show." Spichtig's colleague, Ralph Nebe, director of marketing and sales, said that the six new digital cameras launched at Photokina show the company is pursuing "a course of its own in the changed camera market." At the top of the range is the Leica M8 digital single lens reflex camera (DSLR) with the Leica viewfinder system. A low-noise CCD (Charge Coupled Device) image sensor ensures a resolution of 10.3 megapixels. Leica has developed two new lenses for the camera, which can also be used with virtually all lenses in the company's M range produced since 1954. The M8 will start shipping at the end of November. No pricing information was available. Among Leica's other new digital cameras is the V-Lux 1, an SLR model featuring a swivelling 2 inch TFT (thin-film transistor) display, and the 10 megapixel compact D-Lux . Both cameras will start shipping next month. In a move to carve out its niche in the new world of digital photography, Hasselblad launched what the company claims to be the world's first 48 millimeter full-frame DSLR camera. The H3D is available in two models, the H3D-22, which offers a resolution of 22 megapixels, or the H3D-39, offering 39 megapixels on "the largest image sensor currently available in digital photography" -- more than twice the size of a high-end 35 mm camera sensor, the company said. The camera is built around a new digital camera engine. Information about lens and exact capture conditions are fed into the engine for ultra fine tuning of the auto-focus mechanism, taking into account the design of the lens and optical specification of the sensor. Another feature is Digital APO Correction (DAC). Pricing and availability information was not immediately available.
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Japanese compact car maker  Suzuki Motor Corp. (7269.T) will invest a further 200 billion  yen ($1.66 billion) in its Indian venture as it expands  capacity at car and engine plants, its chairman said on  Tuesday.
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Canon Inc.  will invest about 55  billion yen ($451 million) to build a new factory in Japan to  double its production capacity of image sensors used in digital  cameras.
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Honda Motor Co. (7267.T) will build a  second car plant in Thailand and a new motorcycle factory in  Vietnam as well as boosting capacity in other regions to meet  growing demand abroad even as the Japanese market shrinks.
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Sydney - Global media giant News Corp on Wednesday announced it will spend Â£600 million (R7.05 billion) over the next five years on new printing plants for its newspapers in Britain.
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Toyota, Japan's biggest automaker, plans  to invest some 100 billion yen ($830 million) to build a sport  utility vehicle plant in Mississippi, the Nikkei business daily  said on Tuesday.
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Japanese technology companies Canon and Toshiba said Tuesday that they would invest $1.82 billion in a joint venture to manufacture advanced flat panel displays.
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Toyota Motor Corp., Asia&#39;s largest carmaker, will invest 3.8 billion yuan ($461 million) with its partner Guangzhou Automobile Group to boost capacity in China and catch up with rivals with established car plants in the country.
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Chinese machinery maker Sany Heavy Industry Co will sign a memorandum of understanding with the U.S. state of Georgia on Wednesday to build a $60 million plant, a source familiar with the situation said on Tuesday.
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Nikon Corp.  said on Tuesday it  expects double-digit growth in shipments of compact digital  cameras next business year, following target sales this year of  6.5 million units.
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Sony Corp. (6758.T) and Canon Inc.  (7751.T) are expected to deliver strong results as Japanese  electronics makers gear up for quarterly earnings this week,  driven by robust digital camera sales and a softer yen.
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Toyota Motor Corp. plans to  build a sport utility vehicle plant in the U.S. state of Mississippi for around 100 billion yen ($830 million), a newspaper reported on Tuesday, the latest sign of its pressing need for capacity to keep up with booming demand.
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By Kerry Hall, The Charlotte Observer, N.C.  Dec. 19--Online photo provider Shutterfly Inc. said Monday it will open a $31.5 million manufacturing plant near Charlotte and hire more than 230 full-time employees during the next three years.
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Honda Motor Co.  will build a second car plant in Thailand and a new motorcycle factory in Vietnam as well as boosting capacity in other regions to meet growing demand abroad even as the Japanese market shrinks.