ROCHESTER, N.Y., September 20 --
In response to
increasing demand for new solutions addressing flexible, folding carton and
corrugated applications, Kodak and BOBST have formed a strategic development
agreement to integrate Kodak technology into the BOBST portfolio of packaging
production equipment. BOBST is already working on the development of innovative
products based on Kodak technology.
time to market and improved total cost of ownership are increasingly important
to our customers. To extend the capabilities of packaging production equipment,
we decided to join forces with Kodak in particular because of their strength in
the digital arena,” noted Jean-Pascal Bobst, Chief Executive Officer of BOBST
Group. “Our companies are working together on innovative industrial solutions
that will offer our customers unique opportunities to expand their businesses. We
are looking forward to completion of development work and rigorous testing, and
ultimately to the announcement of innovations to our customers.”
“BOBST is admired throughout the packaging
industry as a provider of high-quality solutions and for anticipating and
meeting the changing needs of its customers,” said Antonio M. Perez, Kodak
Chairman and Chief Executive Officer. “BOBST's commitment to introducing innovative
products, its loyal customer base, and Kodak’s portfolio of advanced
technologies, including the KODAK Stream Inkjet technology, are a powerful
combination that we believe will stimulate growth and transformation for BOBST customers and for our industry.
agreement with BOBST is a great example of how the new Kodak wants to do
business—leveraging our technologies through collaboration and synergistic
product development for the benefit of customers, partners and for Kodak.”
Kodak has transformed into a technology company focused on
imaging for business. Kodak serves customers with disruptive
technologies and breakthrough solutions for the product goods packaging,
graphic communications and functional printing industries. The company also offers leading products and services in
Entertainment Imaging and Commercial Films. For additional information on
Kodak, visit kodak.com.
For inquiries related to Personalized Imaging and Document Imaging
businesses that have been spun off and are now known as Kodak Alaris, contact
Andrew Sharkey at email@example.com.
BOBST is the world’s
leading supplier of machinery and services to packaging manufacturers in the
folding carton, corrugated board and flexible material industries.
Founded in 1890 by Joseph
Bobst in Lausanne, Switzerland, BOBST has a presence in more than 50 countries,
runs 11 production facilities in 8 countries and employs over 5,000 people
around the world. The firm recorded a consolidated turnover of CHF 1,26 billion
for the year ended December 31st, 2012. For more information, visit www.bobst.com.