We mainly know Kodak for its film and chemicals. However, looks like Kodak Eastman is getting into a different kind of chemical business. The company was granted a $765 million government loan to open a new branch that will produce pharmaceuticals.
It’s been over a year since Kodak announced that it is bringing Ektachrome film back to the market. And now it’s finally happening: Kodak Ektachrome will soon start shipping to distributors worldwide. Very soon, all you film enthusiasts will be able to buy a roll or five of Ektachrome35mm and shoot away!
On Wednesday, Eastman Kodak Co. announced that they are cutting 425 jobs due to a large financial loss in the third quarter of 2017. Compared to the same period last year, the company’s revenues were down 8 percent. So, they decided to lay off about 7 percent of their overall workforce, hoping this will help them generate cash in the fourth quarter of 2017.
From a complicated, time-consuming and expensive process to the simple press of a button, photography has come a very long way since the first cameras came along in the early 1800’s.
The vast majority of this fascinating evolution can be seen in this video where Chris Marquardt went on a private tour of Kodak’s technology vault.
Think you’ve got an impressive camera collection? Wait until you see this 8,500-strong collection of almost every significant camera invented in the last 200 years.