Business Management - Operations

Kodak's $28M Expansion in Georgia Meets Demand for Sonora Process Free Plates
August 14, 2015

There was plenty of excitement at Kodak’s Columbus, Georgia, plate manufacturing facility as Kodak executives, community leaders, customers, and media gathered for a ribbon cutting ceremony to celebrate the company’s $28 million expansion of a new manufacturing line for the production of Sonora Process Free Plates. "Today’s opening of this new manufacturing line keeps us on an accelerated pace toward our goal of helping printers become more sustainable with Sonora Process Free Plates," said Kodak CEO Jeff Clarke.

KBA Orders Rise 33 Percent During First Half, Sparking Optimism
August 11, 2015 at 11:42 am

In the second quarter of 2015 Koenig & Bauer (KBA) came significantly closer to achieving its target of positive results in all business segments. At €607.5m, its order intake was up 33.2 percent year over year. The company believes that positive results in all business areas are within reach. President and CEO Claus Bolza-Schünemann stated, "Group profit before taxes of €6.9m in the second quarter led to an improvement in our EBT from –€17.7m after three months to –€10.8m mid-year. We are particularly pleased with the major improvements in earnings in Sheetfed and Digital and Web. Despite this half-time shortfall, with catching-up in mind we continue to target an EBT margin of up to 2 percent of sales for 2015."