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#1553443 --- 07/30/20 06:51 PM Re: Cuomo thanks Trump [Re: bluezone]
roadguy Offline
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Is this deal saving Kodak....maybe in the short term. It puts money into their coffers. Is this going to have a huge impact on jobs. Hardley they say there will be about 300 new jobs which will be in two locations. The Rochester location and St Paul MN. Yes it's something but Kodak will never be the jugernaught company they were. They say the company could be 25% of the active ingredients for "non-biologic, non-antibacterial, generic pharmaceuticals but it will take up to 5 years to reach that point.
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#1553444 --- 07/30/20 07:13 PM Re: Cuomo thanks Trump [Re: roadguy]
Ben444 Online   content
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Originally Posted By: roadguy
Hardley they say there will be about 300 new jobs which will be in two locations. The Rochester location and St Paul MN.
Oh so it will not be 300 new jobs for Rochester as bluezone likes to brag about. Maybe half of that grin
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#1553447 --- 07/30/20 08:00 PM Re: Cuomo thanks Trump [Re: Ben444]
roadguy Offline
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Registered: 02/28/02
Posts: 1842
Loc: here
Not exactly sure but reports have mentioned both cities and job totals of 300-350.

My point is these numbers are nothing to get really excited about considering the total investment. Kodak at its height employed 60,000 just in Rochester. They total 5,000 worldwide currently.
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#1553468 --- 07/31/20 11:14 PM Re: Cuomo thanks Trump [Re: roadguy]
Ben444 Online   content
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#1553469 --- 07/31/20 11:14 PM Re: Cuomo thanks Trump [Re: Ben444]
Ben444 Online   content
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Registered: 09/12/18
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Kodak chief got sweetheart stock options deal -- one day before Trump announced $765 million loan


Edited by Ben444 (07/31/20 11:15 PM)
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