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Olympus America

Maker of cameras, voice recorders and medical equipment.

3500 Corporate Parkway
Center Valley, PA 18034
Employees: 2,900
CEO: Marc Gumz
American subsidiary of Japanese company.

Website: http://www.olympusamerica.com

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Olympus America is the U.S. subsidiary of Tokyo-based Olympus Corporation with more than 33,000 employees worldwide. Olympus is a leading manufacturer of digital cameras, voice recorders, binoculars, microscopes and medical and surgical equipment.

Olympus sells entry-level digital cameras to professional digital SLRs along with lenses and photo printers.

Medical products include endoscopes, laproscopes, blood diagnostic systems and surgical imaging devices.

North American sales made up 22.9% of total sales for Olympus in fiscal 2006.


Olympus began in 1919 (under the name Takachiho Seisakusho) with one goal: to become a leader and innovator in the mass production of microscopes. The company made a strong entry into the market with its first microscope, the Asahi, just one year after its founding.

By 1921, the company began to use Olympus as its brand name and in 1935, the company opened a world-class optical research facility dedicated to creating the finest possible camera lenses.

From the world's first gastrocamera in 1950-which initiated our involvement with medical systems and health care equipment-to pioneering development of compact SLR cameras and the world's first Microcassette recorder, Olympus has continued to create successful responses to market needs around the world-like clinical blood analyzers, powerful microscope systems, and breakthrough digital cameras.


Medical Plan options that help you and your covered dependents with the costs associated with covered hospital, surgical and medical expenses. You may enroll as of the first day of the month following one month of employment.
A Dental PPO Plan option that pays a portion of covered dental expenses for you and your covered dependents. You may enroll as of the first day of the month following one month of employment.
A traditional, "defined benefit" pension plan that will provide you with a lifetime retirement income. Coverage begins on your date of hire, with vesting upon the completion of five years of employment.
401(k) Savings
Allows you to set aside pre-tax dollars to be matched by company contributions and offers a complete range of investment options. Olympus matches 50 cents for every dollar you save, up to six percent of your income. You are eligible to enroll on your date of hire, with partial vesting after two years and full vesting after five years of employment.
Flexible Time Off (FTO) program
Provides time-off for vacation, illness, personal responsibilities, and other time off needs. You earn FTO days over the course of the year based on your years of service.

Olympus also offers a number of other benefits and incentives, including:
- Competitive Total Compensation
- Flexible Spending Accounts (FSAs)
- Paid Holidays
- Flexible Work Hours
- Educational Assistance Program
- Employee Assistance Program (EAP)
- Vision Benefits
- Temporary Disability
- Extended Illness
- Long-Term Disability
- Basic Life and Accidental Death and Dismemberment (AD&D) Insurance
- Supplemental and Family Life Insurance
- Travel Accident Insurance
- Bereavement Plan
- Employee Discount Program
- College Savings Plan
- Employee Referral Program

Updated September 12, 2006

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