July 13, 2004
ROMNEY CELEBRATES MASS. EXPANSION OF FUJIFILM
$35 million expansion increases productivity and creates 100 new jobs for U.S.-based facility
BEDFORD – Governor Mitt Romney today joined employees of Fujifilm Microdisks U.S.A., Inc. to celebrate the completion of the $35 million expansion of the company’s manufacturing facility, which will result in the creation of 100 new jobs in Massachusetts.
“Here in Massachusetts, my administration is doing all we can to create a business-friendly environment that helps companies achieve continual growth and prosperity,” said Romney. “Our initiatives and programs reflect that goal and we are pleased to have played a part in Fujifilm’s success story.”
Last May, Romney announced Fujifilm Microdisks U.S.A.’s decision to expand their manufacturing facility in Bedford. Fujifilm’s decision was based, in part, on the assistance and support they received from the state Economic Development Office, which worked to create a 600-acre high-tech center near Hanscom Air Force Base where the expanded facility is located.
“Fujifilm is the latest in a long line of companies that are responding to our pro-growth theme of lower taxes, fiscal stability, and targeted economic stimulus measures,” said Romney. “Together, we will continue to promote initiatives that spur economic growth and build a brighter, stronger Massachusetts for all of us.”
The 60,000-square foot expansion will enable Fujifilm to more than double its annual U.S. production of high-capacity tape cartridges for mid-range and enterprise-scale data storage and strengthen Fujifilm’s leadership in the fast growing data storage market. Currently, the company’s midrange DLT and LTO format tape products are assembled at the Bedford facility and the company enjoys a leading market share in both formats. Additional production capacity is scheduled to be installed and functioning by the end of this year.
“Fujifilm’s success is based on our advanced technology, combined with our manufacturing excellence that is leading the rapid transition to digital technologies in photography, medical imaging, graphic arts and many other fields,” said Steve Solomon, Senior Vice President and General Manager, Recording Media Division, Fuji Photo Film U.S.A.
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