Kodak Sells Microfilm Unit to Eastman Park Micrographics

According to a press release, the sale includes agreements for Kodak to continue supplying current microfilms, as well as to provide service and support for microfilm equipment. It also includes Kodak’s data conversion services business, based in Monroe, N.C., which converts data between analog and digital formats. The sale does not include Kodak’s Document Imaging business, a fundamental element in Kodak’s Business Solutions and Services Group. Kodak remains committed to continued success and market leadership in document scanners, capture software, information capture solutions, and services, the company said.

“Because we’ve had a longtime relationship with the principals of Eastman Park Micrographics, we know that it is a perfect acquirer of the microfilm business and we are pleased to have in place agreements that ensure customers with ongoing availability of media products made by Kodak, as well as for the high levels of technical support and service to which they are accustomed,” said Tony Barbeau, General Manager, Document Imaging.

Barbeau noted that microfilm remains unrivaled for long-term archival storage of vital records, so Kodak recognizes how important these assurances are for customers.

Under the sale agreement, it is anticipated that employees in Rochester and North Carolina who are directly aligned with the business will join Eastman Park Micrographics and its affiliates. Eastman Park Micrographics will lease space in Eastman Business Park to serve as a center for the micrographics business. The data conversion services business will continue to be based in North Carolina. Financial terms of the sale were not being disclosed.