InvestorsHub Logo
Followers 1
Posts 316
Boards Moderated 0
Alias Born 04/16/2012

Re: None

Friday, 10/19/2012 8:03:49 PM

Friday, October 19, 2012 8:03:49 PM

Post# of 12829
BRIEF: UK business invests in 18 Kettering-assembled Kodak printers

Oct 19, 2012 (Dayton Daily News - McClatchy-Tribune Information Services via COMTEX) -- One of the United Kingdom's largest printing and mailing companies has invested in 18 Kodak Prosper S5 printing systems, Eastman Kodak said Friday.
The Prosper inkjet printing systems are designed and assembled at Kodak's operation in Kettering, at the Miami Valley Research Park off Research Boulevard. The Kettering operation is the company's largest work site outside its Rochester, N.Y. headquarters.

The Anton Group also bought two Kodak digital production presses, which are made in Rochester.

Kodak -- which had 500 employees in Kettering when the company last gave employee counts -- filed for Chapter 11 protection in late January. Kettering is home to the company's commercial inkjet facility, where its business inkjet printers are designed.

The Anton Group is one of the U.K.'s largest printing, mailing and fulfillment companies, Kodak said in a statement.

Kodak did not give an exact sales price, but in its announcement, the company called the purchase a "multimillion-pound deal." One British pound sterling is trading at about U.S. $1.60.

Kodak has said the Kettering operation will be a part of the company's future.

http://www.otcmarkets.com/stock/EKDKQ/news

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.