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Establishment of a new factory in Laos


WEBWIRE

To reinforce digital SLR camera manufacturing organization

Nikon Corporation (Makoto Kimura, President) is pleased to announce the establishment of a new factory in the Lao People’s Democratic Republic (Laos) to reinforce its digital SLR camera manufacturing organization and reduce costs.
Operations are scheduled to commence in October 2013.

Entry-level and mid-class digital SLR cameras, and some interchangeable lenses are manufactured by Nikon (Thailand) Co., Ltd. in the Ayutthaya province of Thailand. With the establishment of this new factory in Laos, a part of the production for digital SLR cameras which are completed as final products at Nikon (Thailand) will be done in Laos.

Company Overview
Name: Nikon Lao Co., Ltd.
Address: KM 28, Savan-Seno Special Economic Zone, Savannakhet Province, Lao P.D.R.
Capital: LAK 60,000,000,000 (approx. ¥ 600,000,000)
Ownership: Nikon (Thailand) Co., Ltd. (Approximately 99.99%) and other
Representative director: Nobuyuki Muraishi
*Part-time service. Also serves as Managing Director of Nikon (Thailand) Co., Ltd.
Site area: Approximately 12,500 m2
Floor space: Approximately 10,000 m2
No. of employees: Approximately 800 (planned) when operations commence
Start of operations: Scheduled for October 2013
Primary activities: Assembly of digital SLR camera units



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