Eastman Kodak

Eastman Kodak is forecasting “double-digit” revenue growth in China this year as it seeks to capitalize on the nation’s demand for technology to spur economic growth, according to its CEO.

The U.S. company is seeing increased demand for digital printing in China as customers move up the value chain to avoid obsolescence, Antonio Perez said in a Jan. 13 interview in Shanghai.

“China desperately needs to move to digital methodologies in printing if they want to keep the position they have as volume manufacturers,” Perez said. “If they don’t business is going to go away from China.”

NEW YORK—With nearly 60 customers from across the nation in attendance, Kodak President and CEO Antonio Perez rang the opening bell on the New York Stock Exchange (NYSE) Wednesday morning to celebrate Kodak’s recent relisting.

Kodak today celebrated its recent relisting on the New York Stock Exchange (NYSE) by ringing the exchange's opening bell. "This bell ringing is a symbol of Kodak's remarkable transformation," said Antonio M. Perez, Kodak's president and CEO. "It's a new year, with a new company, a new stock and a new start."

When trying to advertise and market its wares in its post-bankruptcy, postconsumer products world, Eastman Kodak Co. is relying more heavily instead on the likes of ImageMark Business Services, a North Carolina commercial printer.

ImageMark last fall officially became a Kodak Digital Production Demo Center—a place where Kodak salespeople can take prospective customers to see Kodak equipment in action. It’s the same arrangement Kodak has in place with Mercury Print Productions, a Rochester textbook printer stocked with two Kodak-made Prosper presses and a third about to be installed.

And Kodak hopes to set up more such demo sites around the globe

With the integrated connection between Fiery and the new Kodak PRINERGY Workflow 6, graphic arts professionals gain increased flexibility, productivity and award-winning quality. “The EFI Fiery DFE gives graphic arts professionals the freedom to make important choices that can drive the success of their printing operation,” said John Henze, vice president, Fiery marketing, EFI.

Kodak has named Graphic Resource, a full-service company providing consulting, sales, technical expertise, and training for customers in the graphic arts industry, an authorized reseller of Kodak VersamarK D-Series Imprinting Systems. With this addition, the company is able to sell complete, turnkey solutions—including towers, inkjet, and inline finishing.

Get results from InfoTrend’s digital printing application forecast, as well as advice from inkjet users on driving business.

Commercial Printing Industry News Briefs from Printing Impressions’ December 2013 edition, including Heidelberg, RR Donnelley, Multi Packaging, Mercury Print Productions, Safeguard, Canfield & Tack, and Bell and Howell.

The SONORA Plates from Kodak eliminates the need for water to process before they are put on the press. Based on sales projections, Kodak estimates that in the next year, use of SONORA Plates could be directly responsible for saving up to 265 million liters of water.

ROCHESTER, NY—With a Kodak Prosper 5000XL press installed in July 2011 and a Kodak Prosper 1000 press installed in December 2012, Mercury Print Productions is preparing for a third press to be installed at the beginning of 2014. A specialist in digital book printing for the education market, Mercury Print will use the new Kodak Prosper 5000XLi press to broaden its offerings of short-run, on-demand book production for existing clients while also adding other services to attract new business.