The new services from Kodak and LifePics allow photo retailers to leverage their existing fleets of Kodak photofinishing equipment to enter the Internet-to-retail photo fulfillment business. They are also offering a new photo gift ordering service, including mouse pads, mugs, sweatshirts, T-shirts, photo buttons, playing cards, puzzles, pillow cases, blankets, and ornaments.
WHITE PLAINS, MD—AGS, a Consolidated Graphics company, recently installed the first Standard Hunkeler PF7 double plow-fold system in North America, enabling its Kodak Prosper 5000XL high-speed inkjet web press to gain efficiencies by running and finishing wider rolls into book blocks.
Consolidated Graphics, one of North America’s leading commercial printers with the world’s largest integrated digital printing footprint, has purchased a Kodak Prosper 5000XL Press for its Automated Graphic Systems (AGS) facility in White Plains, MD. AGS is using the Prosper Press to extend its technology leadership position in the market and provide full-color, on-demand publishing to its broad range of clients.
AGS, a Consolidated Graphics company, recently installed the first Standard Hunkeler PF7 double plow-fold system in North America, enabling its Kodak Prosper 5000XL high-speed inkjet web press to gain efficiencies by running and finishing wider rolls into book blocks.
Kodak has completed the sale of its Image Sensor Solutions business to Platinum Equity in a move that will sharpen its operational focus and strengthen its financial position. The company previously said it would sell assets that are not central to its transformation into a profitable, sustainable digital company.
One of Eastman Kodak Co.’s key suppliers must continue to provide it with inkjet ink, a federal judge in Rochester ruled Friday. Kodak sued Collins Ink Corp. last month after the Ohio manufacturer tried to end a 10-year-old supplier deal.
U.S. District Court Judge David G. Larimer sided with Kodak’s argument that Collins failed to follow the terms of the supplier contract that allowed for termination of the agreement after 180 days’ notice.
“Anxiety, nervousness or ’buyer’s remorse’ about the wisdom of the contract does not absolve one from complying with all the terms of the contract,” Larimer wrote.
While Kodak’s third-quarter sales totaled $1.462 billion, a 17 percent decrease, revenue from key digital businesses—Consumer and Commercial Inkjet, Workflow Software & Services, and Packaging Solutions—increased 13 percent, fueled by 44 percent revenue growth in Consumer Inkjet and 89 percent revenue growth in Packaging Solutions.
Commercial printing industry supplier company and personnel news from Printing Impressions’ November 2011 edition.
Commercial printer equipment installations and other news from Printing Impressions’ November 2011 edition, featuring items on Lithoprint Corp. and Northeastern Envelope.
Kodak and Collins Ink Corp. on Monday agreed to a one-week extension of a 10-year-old business arrangement that fell apart in recent days. The two companies worked out the extension in closed-door meetings at the federal courthouse in downtown Rochester. They had been scheduled to appear before U.S. District Court Judge David G. Larimer for a hearing on an injunction request Kodak filed last week.
Kodak was seeking to force Collins to continue supplying inkjet ink for its Versamark printer line, with Kodak serving as a reseller.
Kodak has argued that Collins’ talk of financial instability is a red herring
