Prepress

TOK to Transfer its Printing Material Business to Kodak

Monday 22. November 2010 - TOKYO OHKA KOGYO CO., LTD. (headquarters: Nakahara-ku, Kawasaki-shi, Kanagawa-ken, Japan; president: Yoichi Nakamura; hereafter, TOK) would like to announce that on November 19, 2010, the board of directors passed a resolution to transfer the company’s printing material (relief plate) business to Eastman Kodak Company. (Japan headquarters: Chiyoda-ku, Tokyo; hereafter, Kodak).

TOK and Kodak reached an agreement on November 19, 2010 that TOK will transfer substantially all its printing material (relief plate) business to Kodak.
Both TOK and Kodak are delighted with this agreement as this transfer will contribute to the growth of the two companies in future.
As part of the company’s printing material (relief plate) business, TOK produces and markets flexography, letterpress, Braille, molding plate products, and other products. TOK’s Yamanashi Plant, in which printing materials (relief plates) are produced, will also be transferred to Kodak.
“We are delighted by this opportunity to add TOK’s talented employees to our existing team for the benefit of our customers and shareholders,” said Douglas Edwards, Kodak Vice President and General Manager, Prepress Solutions.
“Kodak is the ideal recipient of our business because they are committed to grow their business. As a result, this will benefit our customers and employees,” said Yoichi Nakamura , TOK president.