Big KODAK Announcement (Hope: employment, manufacturing, money)

[JWRocks]

Large funding announcement including Tom Golisano

https://13wham.com/news/local/kodak-...ew-investments

[leadfoot4]

I certainly hope it all works out. This area needs a reinvigoration in the manufacturing base that it was once known for.

[ckhthankgod]

Originally Posted by leadfoot4

I certainly hope it all works out. This area needs a reinvigoration in the manufacturing base that it was once known for.

Yes, but I hope it equates to a sufficient number of jobs given the increased aspect of technology and the reality of declining employment nationally in that sector.

[db2797]

I'm willing to bet Golisano sees something with Kodak's chemical expertise. Specifically I bet the recent announcements about Kodak getting into base components of drug manufacturing is playing a large role. No matter who is president bringing this production back to the United States is a matter of national security and Kodak already has the infrastructure and expertise. With the right investments and decision making it's a fairly straightforward pivot for Kodak.

[leadfoot4]

Originally Posted by db2797

I'm willing to bet Golisano sees something with Kodak's chemical expertise. Specifically I bet the recent announcements about Kodak getting into base components of drug manufacturing is playing a large role. No matter who is president bringing this production back to the United States is a matter of national security and Kodak already has the infrastructure and expertise. With the right investments and decision making it's a fairly straightforward pivot for Kodak.

Indeed!

[JWRocks]

It's comforting to know Golisano will be getting a seat on the board. He knows all about growing a company from scratch, with no money. Hopefully he will be spending more time in town.