Hoya to Shut Pentax Digicam Factory

This is a big blow to Pentax's corporate pride--that factory in
Mashiko was the flagship production facility from the 1980s through
the early part of this decade, producing the highest-priced and
most complex products in Pentax's lineup. They didn't give specific
reasons, but high labor costs are the most likely reason. Closing
the Mashiko factory is a decision the old Pentax management
probably knew needed to be done but didn't want to do--therefore
they left it until Hoya management could come in and make the hard
decision.

This is a big blow to Pentax's corporate pride--that factory in
Mashiko was the flagship production facility from the 1980s through
the early part of this decade, producing the highest-priced and
most complex products in Pentax's lineup. They didn't give specific
reasons, but high labor costs are the most likely reason. Closing
the Mashiko factory is a decision the old Pentax management
probably knew needed to be done but didn't want to do--therefore
they left it until Hoya management could come in and make the hard
decision.

This is a big blow to Pentax's corporate pride--that factory in Mashiko was the flagship production facility from the 1980s through the early part of this decade, producing the highest-priced and most complex products in Pentax's lineup. They didn't give specific reasons, but high labor costs are the most likely reason. Closing the Mashiko factory is a decision the old Pentax management probably knew needed to be done but didn't want to do--therefore they left it until Hoya management could come in and make the hard decision.

This is a big blow to Pentax's corporate pride--that factory in Mashiko was the flagship production facility from the 1980s through the early part of this decade, producing the highest-priced and most complex products in Pentax's lineup. They didn't give specific reasons, but high labor costs are the most likely reason. Closing the Mashiko factory is a decision the old Pentax management probably knew needed to be done but didn't want to do--therefore they left it until Hoya management could come in and make the hard decision.