Sunday, December 27, 2009
This Week in Kodak "TWIK Notes"
- Kodak announced that it will restate its 401K match and pay raises in 2010 for its employees.
- Kodak announced that Heidelberg’s factory direct branch in Australia will resell its Digimaster and NexPress production print systems.
- Kodak announced that it has sold a NexPress SE3600 production color system to Cohber Press, a print shop in Henrietta, New York.
- Kodak announced that it has sold its New York state based water treatment plant to Monroe County for $9.5 million.
- Kodak announced it sold it OLED (organic light emitting diode) division to LG Electronics of South Korea.
- Kodak announced it is relinquishing a lease it has held for last 22 years for a large hangar at the Rochester International Airport. It was paying $112,000 per year for the lease for its company airplanes.
- Kodak added executives for its scanner division, hiring Tony Barbeau as General Manager and Russell Hunt as Regional Business Manager.
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