Nikon has broken new ground – this week, the camera giant started construction on two manufacturing buildings designed to enhance lens production in Japan. On Wednesday, January 7, Nikon began construction on new facilities at Otawara, Tochigi – some 90 miles north of Tokyo.
Plans for the construction were originally announced in mid-2024, but construction has now begun on two buildings that will cover about 20,000 square meters, or about 215,280 square feet. The project is estimated to cost around 25 billion yen, which is about $160 million / £119 million / AU$238 million / CA$221 million.
