As Eastman Kodak Co. emerges from bankruptcy it is reinventing itself as a technology company with a trio of businesses: packaging, graphic communications and functional printing. All three are rooted in Kodak’s commercial printing technology.
“We have emerged as a technology company serving imaging for business markets ─ including packaging, functional printing, graphic communications and professional services,” said Antonio M. Perez, Kodak chairman and chief executive officer. “We have been revitalized by our transformation and restructured to become a formidable competitor ─ leaner, with a strong capital structure, a healthy balance sheet, and the industry’s best technology.”
The technology can lead to higher-speed printing presses and new products such as foldable smartphones. The Rochester Democrat and Chronicle features an in-depth outline of the plan on its website KodakNext.
Kodak researchers received more than 250 patents in the first eight months of this year, and many of those cover innovations related to commercial printing, although the success of the project will take years to determine.