Kodak

In this week’s video, Printing Impressions’ Julie Greenbaum (Julie G) Highlights Printing Industry News For The Week of June 19, 2017.

Kodak held a “VIP Inkjet Summit” at EISD headquarters in Dayton, Ohio, on June 13 and 14, for editors, analysts and other guests.

Kodak expanded its footprint in the folding carton market with the world’s first installation of a Prosper 6000S at Zumbiel Digital.

Reynolds & Reynolds’ switch of 100% of its plates to SONORA Process Free Plates improved the company’s environmental program.

A groundbreaking ceremony was held in Weatherford, Oklahoma, to celebrate the expansion of Kodak’s manufacturing facility.

There are a number of moving pieces in the news media landscape that have had to adjust to change and digital disruption over the past 20 years. Only now are we starting to see the effects of digital disruption as it reaches maturity in the news space. Digital has provided more accessibility and speed, but there are very real risks affecting the quality of journalism. Not only does print still have a role in the digital future of news, it may just be necessary to guarantee that we have accountable and legitimate news for the foreseeable future.

After more than a year of public statements that Kodak’s Enterprise Inkjet division was for sale, the company has decided to keep it.

Following an in-depth management review of business operations and multiple discussions with prospective buyers, Kodak has decided to retain its Prosper inkjet business. "This is a pragmatic decision given the improvements in the business and the offers received," says Jeff Clarke, Kodak CEO. "Prosper performed well in 2016 with a 40% increase in annuity sales for the full year. We expect our Enterprise Inkjet Systems Division to be profitable this year, including our next-generation UltraStream investment."

Tad Carpenter visits Kodak customer DiscPro to print one of his latest creations in support of Kodak's literacy initiative: Print. For Good. Watch as design adjustments are made on the fly, and by adding NexPress Red Dry Ink in the 5th station, colors are perfected and the design 'pops!' You can feel the exhilaration of beautiful design and great print coming straight off the press. #PrintForGood #KodakPressOn

Kodak has reported net earnings of $16 million on revenues of $1.5 billion and continued growth in key product lines.