Kodak acquires Graphic Systems Services

Improves ability to develop and deliver inkjet solutions

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The Ultra 520 press comes with the Kodak 900 print manager DFE Photo Nessan Cleary
The Ultra 520 press comes with the Kodak 900 print manager DFE Photo Nessan Cleary

Kodak, a leading global manufacturer focused on commercial print and advanced materials and chemicals, on 31 May announced it has acquired Graphic Systems Services (GSS), a leading provider of web inkjet press transport systems and other print-related components and engineering services. The acquisition reflects Kodak’s ongoing investment in digital print technology, giving the company greater control over its supply chain for inkjet press components and additional engineering expertise as it seeks to expand its growing portfolio of inkjet presses.

Kodak recently showcased its new Kodak Prosper Ultra 520 Press at the Hunkeler Innovationdays print industry event. Powered by Kodak’s proprietary Ultrastream continuous inkjet writing system, the Prosper Ultra 520 Press rivals offset by providing breakthrough image quality (comparable to 200 lpi offset) at production speeds (152 mpm).

GSS is a longtime Kodak vendor, providing leading-edge transport systems for the Kodak Prosper Press line, including the Kodak Prosper Ultra 520 Press and Kodak Prosper 7000 Turbo Press. GSS is located in Springboro, Ohio, near Kodak’s inkjet design and manufacturing hub in Dayton, Ohio.

“Having an in-house source of transport systems and additional expertise from an industry leader like GSS will immediately make our inkjet business stronger and more sustainable,” said Jim Continenza, Kodak’s executive chairman and CEO. 

“As business conditions continue to be challenging, now is the time to control our own destiny and mitigate supply chain risks to ensure reliable delivery of presses to our customers. Looking forward, our ability to leverage GSS’s skills and resources will be extremely valuable as we continue to focus on expanding our inkjet portfolio and providing completely integrated inkjet solutions.”

“Over our 20 years of working together, we have developed a very close working relationship with Kodak,” said Dan Green, president and CEO of GSS. “Our employees are enthusiastic about Kodak’s decision to acquire GSS. Our portfolio of inkjet transport systems and other components, along with our manufacturing expertise and engineering consulting services, will help Kodak further strengthen its position as a leader in inkjet technology.” 

In 2024, we are looking at full recovery and growth-led investment in Indian printing

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. It created the category of privately owned B2B print magazines in the country. And by its diversification in packaging, (Packaging South Asia), food processing and packaging (IndiFoodBev) and health and medical supply chain and packaging (HealthTekPak), and its community activities in training, research, and conferences (Ipp Services, Training and Research) the organization continues to create platforms that demonstrate the need for quality information, data, technology insights and events.

India is a large and tough terrain and while its book publishing and commercial printing industry have recovered and are increasingly embracing digital print, the Indian newspaper industry continues to recover its credibility and circulation. The signage industry is also recovering and new technologies and audiences such as digital 3D additive printing, digital textiles, and industrial printing are coming onto our pages. Diversification is a fact of life for our readers and like them, we will also have to adapt with agility to keep up with their business and technical information needs.

India is one of the fastest growing economies in nominal and real terms – in a region poised for the highest change in year to year expenditure in printing equipment and consumables. Our 2024 media kit is ready, and it is the right time to take stock – to emphasize your visibility and relevance to your customers and turn potential markets into conversations.

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