RIT Experts Discuss Kodak’s Bankruptcy Filing
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• While some assume that Kodak was in the business of camera making, they were not. They are a chemistry based, film production corporation. They essentially provided the expendable material (film) to the masses much like Mobil, Chevron and others provide gasoline. Once the demand for gasoline dwindles, what will these companies engage in to stay afloat? Build cars? Sell electricity? I don’t think so. One item that others also consider a poor move was to sell off Eastman Chemical.
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- Companies:
- Eastman Kodak
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