Kodak has bought its web transport systems partner, strengthening its commitment to inkjet web printing.
The company said it has acquired Graphic Systems Services, its Ohio-based partner of 20 years in the development of transport systems and other components for inkjet web presses.
Kodak says the acquisition reflects its 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 showcased a new Prosper inkjet, the Ultra 520 (pictured) at Hunkeler Innovationdays, capable of image quality “comparable to 200 lpi offset” at 152 metres/minute.
GSS is located in Springboro, Ohio, near the inkjet design and manufacturing hub in Dayton which Kodak now owns. It also builds Didde and Harris narrow-web presses and owns the Global Web Finishing and Scheffer product lines.
Kodak’s executive chairman and chief executive Jim Continenza said having an “inhouse” source of transport systems and additional expertise from an industry leader such as GSS would “immediately make our inkjet business stronger and more sustainable”.
“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.”
Additionally, being able to leverage GSS’s skills and resources would be extremely valuable as Kodak continued to focus on expanding its inkjet portfolio and providing completely integrated inkjet solutions.”
GSS president and chief executive Dan Green says the two companies have developed a very close working relationship in more than 20 years of working together. “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 their position as a leader in inkjet technology.”