Kodak News

semi-ambivalent

Member

Allowing Ads

Joined

Mar 26, 2011

Messages

733

Format

35mm

• Jun 20, 2013

• #1

I didn't see this here yet so I'm posting it because, you know, I want to be first.

http://www.9news.com/money/341351/344/NY-Kodak-will-keep-some-operations-in-Rochester

s-a

 

Richard S. (rich815)

Member

Allowing Ads

Joined

Jan 14, 2003

Messages

4,924

Location

San Francisco

Format

Multi Format

• Jun 20, 2013

• #2

You may indeed be first. I had not heard this.

So...

Kodak will keep some operations in Rochester.

Ok.

 

AgX

Member

Allowing Ads

Joined

Apr 5, 2007

Messages

29,968

Location

Germany

Format

Multi Format

• Jun 20, 2013

• #3

lease property there to two companies it will spin off as it restructures

Click to expand...

The latest spin-off was their utilities supply plant. But actually it was sold to an energy company, thus it is not a spin off in the actual sense.
And, how many spin-offs are there already? Not much to my knowledge, so it is rather about attracting existing companies or new founded companies to settle down.

 

Last edited by a moderator: Jun 20, 2013

kuparikettu

Member

Allowing Ads

Joined

Apr 10, 2012

Messages

158

Location

Tampere, Fin

Format

Multi Format

• Jun 20, 2013

• #4

Kodak, Major Financial Institutions Agree to Arrange Exit Financing Package: http://www.piworld.com/article/koda...ons-agree-to-arrange-exit-financing-package/1

 

Sirius Glass

Subscriber

Joined

Jan 18, 2007

Messages

50,949

Location

Southern California

Format

Multi Format

• Jun 20, 2013

• #5

Finally a positive step! That is good for Rochester too.

 

AgX

Member

Allowing Ads

Joined

Apr 5, 2007

Messages

29,968

Location

Germany

Format

Multi Format

• Jun 21, 2013

• #6

Only weeks ago one major creditor (KPP) agreed to refrain of the majority of their financial claim, now fresh money is put into Kodak.