Kodak is creating at least 360 new jobs
In 1880, a hobbyist photographer named George Eastman began manufacturing dry plates commercially. He formed the Eastman Dry Plate Company a year later with the goal of making photography as convenient as the pencil. By 1900, the company was known as the Eastman Kodak Company. Kodak became a household name in easy-to-use cameras, allowing everyday people to capture memories in an instant.
But, now, the Rochester, New York-based company ...
Posted — UpdatedThis new arm of the Kodak company will produce up to 25% of the active pharmaceutical ingredients in non-biologic, non-antibacterial, generic pharmaceuticals. Currently, only about 10% of these components are made in the U.S.
This addition will bring new jobs as well. The company states it will support 360 direct jobs and an additional 1,200 indirect positions.
The project is the result of an executive order from President Donald Trump, allowing the U.S. Department of Defense (DOD) and the Development Finance Corporation (DFC) to collaborate in its response to COVID-19 under the Defense Protection Act (DPA).
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