Tagged: Eastman Kodak

Kodak may no longer be making digital cameras but the company has reached an agreement to lend its name to another company’s products.

A multi-year agreement will see the Kodak brand name on various digital cameras, pocket video cameras, and portable projectors made by JK Imaging.

Democrat & Chronicle business reporter Matt Daneman talks Kodak, regional economic development, and Bausch & Lomb with Julie Philipp.

Numerous healthcare providers are holding benefit meetings to let thousands of former Kodak employees know what their Medicare options are. That's as Kodak retirees, and their dependents, will lose their healthcare benefits at the end of the year. A bankruptcy judge O.K.'d Kodak to relinquish its 1.2 billion dollar annual liability in healthcare costs off the books earlier this week. During today's MVP Health Care session, retiree Lee Henner says he's concerned about how deeply he may have to dig into his wallet to make up the difference.

Eastman Kodak wants to terminate retiree benefits by the end of the year.
It says it has reached agreement with its Official Committee of Retirees to eliminate medical, dental, life insurance and survivor income benefits for tens of thousands of former workers.
The company says it will provide the Committee with 7 and a half million dollars in cash, a 15-million dollar administrative claim and 635-million dollar unsecured claim to subsidize a limited portion of future benefit costs.