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Michigan Governor confers with Konica-Minolta Executives

Friday, October 17, 2008

Press release from the issuing company

Grand Rapids MI., Oct 15, 2008-Recently Governor Jennifer M. Granholm of Michigan visited Japan to discuss economic development opportunities. The investment mission's purpose was to forge stronger alliances with the leaders of Japan's industries and attract new, job-creating business developments to Michigan.

One of her key meeting was with key officials from Konica-Minolta to review the potential to expand their current operations in Michigan. Meeting with Governor Granholm was a contingent of company officers headed by Yoshikatsu Ota, President and CEO, Konica Minolta Holdings.  At the meeting Konica Minolta explained the progress they have made in the Konica Minolta Graphic Imaging U.S.A. Grand Rapids facility. This included relocation of their headquarters from New York to Michigan. This was in conjunction with the construction and start up of a third printing plate manufacturing line. They also discussed the prospects for expanding their Grand Rapids facility.  The expansion of the manufacturing plant was necessary to meet the rapidly expanding CTP business in US industry.




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