Eastman Kodak

During the first quarter of 2014, Eastman Kodak experienced a net loss of $36 million. The loss is an improvement of $54 million on a comparable basis. The results are in line with company expectations and key product lines in the strategic technology businesses achieved solid revenue growth.

Last month the Association of College and University Printers conference brought 82 higher-ed in-plant managers to Phoenix for four days of education, networking and fun.

Driven by a rapidly-growing customer demand for Sonora Plates, Kodak will be adding a new plate manufacturing line at its Columbus, GA, facility dedicated to producing Kodak Sonora Process Free Plates.

Key trends in the digital printing market and how printers are using digital printing technology to enhance their clients' communications were some of the topics covered in the "SHIFT to Growth: Discover New Digital Printing Market Opportunities & Applications" Webinar recently presented by Printing Impressions and In-plant Graphics and sponsored by Kodak.

Eastman Kodak is backing the new CEO Jeff Clarke, who succeeds Antonio Perez, in the form of $90 million tabbed for research and development and another $50 million in capital expenditures for 2014.

Releasing the financial results for the fourth quarter and full year 2013, Kodak CEO Jeff Clarke stated, "I am excited about the strong increases we are seeing in revenues from our emerging technology businesses that will create the foundation for Kodak's future growth."

Jeffrey Clarke has been selected as the new CEO of Kodak and a member of its board of directors. He replaces Antonio Perez, now special advisor to the board. "Jeff Clarke is a talented and proven executive who is well qualified to lead Kodak through our next era, which I believe will be one of innovation and growth," said Perez.

Well known to in-plant managers for his frequent participation at in-plant conferences, Ronald Shepard has just been appointed National Document Sales Manager and Trillium Specialist at Xeikon.

In the Hall of Fame of great conferences (if there were such a thing) it would be tough to beat last month's In-Plant Printing and Mailing Association (IPMA) conference. The location, on the outskirts of San Francisco, was excellent; the weather was sunny and pleasant throughout; the lineup of speakers and topics was among the best ever, with a nearly overwhelming amount of useful, timely information presented; and the evening boat cruise on the San Francisco Bay provided that combination of stunning views and friendly fraternization often sought but rarely achieved.

Kodak has filed its Plan of Reorganization and Disclosure Statement with the U.S. Bankruptcy Court for the Southern District of New York. The company expects the court to schedule a hearing in mid-June to determine the adequacy of the disclosures contained in the documents to provide creditors the ability to evaluate the company’s Plan of Reorganization.