Kodak in Hemel ‘not affected’ by US parent filing for insolvency
PHOTO firm Kodak says its Hemel Hempstead headquarters will not be affected by its US parent company filing for a form of bankruptcy.
The company, based in Boundary Way, says its 1,200 UK employees will be unaffected by the move and its ‘business as usual’.
Eastman Kodak in the US has filed for Chapter 11 insolvency, which allows companies to continue trading without going fully bankrupt.
Email to a friend
Print this page
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Tring
Friday 25 May 2012
Today
Sunny
Temperature: 11 C to 24 C
Wind Speed: 21 mph
Wind direction: East
Tomorrow
Sunny
Temperature: 11 C to 22 C
Wind Speed: 20 mph
Wind direction: East
Comments
There are 3 comments to this article
Page 1 of 1
PrivateDancer
Saturday, January 21, 2012 at 10:54 AMPending Moderation
robers06
Saturday, January 21, 2012 at 08:55 AMGroupie - re your final comment, some giant firms are like that now. They are the ones that managed to move with the times much better than Kodak has. Kodak just allowed other new companies to take over its space in the market and stood by watching. Companies that do not change with the times will inevitably die.
groupie
Friday, January 20, 2012 at 03:14 PMHow are the mighty fallen. Once half the town seemed to work at Kodak. Kodak House is now flats and the firm's huge influence is only a memory, the training centre opposite Gadebridge Park was replaced by homes years ago. Many families have reason to be grateful to Kodak both for jobs it provided and its support for the community - but giant firms aren't like that now.
Page 1 of 1
Your view
Please sign in to be able to comment on this story.