Kodak Expects To Emerge From Bankruptcy In 2013

Kodak
Kodak
Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 10/12/2012 4:08 pm
Rochester, N.Y.- While it works to get out of bankruptcy, Eastman Kodak is looking to the future.

Friday, the company announced it’s ready to begin reorganization talks with certain key creditor groups.

The company says it expected to emerge from bankruptcy in the first half of 2013.

The company will no longer focus on digital cameras, ink jet printers or personal printing imaging products. Instead it will focus on its Commercial Imaging business.

The company is projecting sales of $2.8 billion in 2014 and $3 billion in 2015.

Earlier this week, the company announced its proposal to cut health care benefits for thousands of its retirees.

Share

TheOffice

Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.