KODAK CLOSES ISRAELI UNIT

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Date: Friday May 1, 2009 03:13:37 pm
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    http://www.globes.co.il/serveen/globes/docview.asp?did=1000445330&fid=942
    Kodak closes Israeli unit
    MAI
    09 The company is discontinuing its professional digital imaging
    components activity in Israel and firing the unit’s 50
    employees.Eastman Kodak Company  is continuing to reduce its activity
    in Israel. After laying off 200 manufacturing employees at Kodak Israel
    over the past six months, the company is making more cutbacks that were
    not part of the original plan. The company has decided to close down
    its professional digital imaging components development and production
    activity in Israel, which it acquired as part of its acquisition of
    Creo in 2005. The unit currently has 50 employees.Kodak Israel declined
    to comment on the report.

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