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.

No comments: