Filmwasters
Which Board? => Main Forum => : Francois April 13, 2016, 09:18:07 PM
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God does this seem like Déja-vu but it's too early to deduce anything from it.
http://petapixel.com/2016/04/13/kodak-alaris-trouble-shuts-manufacturing-plant-uk/ (http://petapixel.com/2016/04/13/kodak-alaris-trouble-shuts-manufacturing-plant-uk/)
Lets just say I don't like the smell of it...
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I find it difficult to believe that Kodak is giving up on the manufacture of color negative paper (which is apparently what Harrow produced). I suspect they will relocate production to the U.S., probably using existing facilities (much of the Rochester campus has been repurposed (there was a recent WSJ article on it) but I'm guessing there's still a lot of space available). It seems more likely to be a logistics move than anything else to me, but obviously that's speculation based on limited available data.
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All I know is that it can't be for tax purposes since it's easier to just move the head office anywhere... unless there is some re-shoring incentive I don't know about.