Petapixel reports that Fujifilm plans to close four of its five Greenwood, South Carolina manufacturing plants that produce printing plates, inks, papers, and disposable cameras due to declining demand. Plus 400 positions will be eliminated by fall 2022.
The five-plant campus was opened in 1988 and represents an investment of $1.8 billion dollars and currently employees 500 people. The campus represents over 2.5 million square feet of productions space and the announcement will cut the facility down to 1/5th of its current capacity. QuickSnap recyclable cameras, inkjet photographic paper, color photographic paper, and digital printing plates are all produced here.
Employees were told of the announcement this morning before the public announcement. Fujifilm’s official statement is “Market economic trends and a declining demand for many of the products manufactured in Greenwood challenged us to focus on how we adapt our efforts to continue to build a global, sustainable approach for Fujifilm.”
via Petapixel
