Kodak Canada closes Toronto manufacturing site, including molding (December 23, 2004)
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Citing structural changes in the global imaging market, Kodak Canada Inc. will close its Toronto manufacturing oper...
Citing structural changes in the global imaging market, Kodak Canada Inc. will close its Toronto manufacturing operations in 2005. The Toronto site manufactures microfilm and inkjet paper, and has an in-house molding operation with 17 machines.
The Toronto closure is part of a three-year global program by parent company Eastman Kodak to reduce employment by 12,000 and facilities square footage by one third.
The closure will be completed by mid-year, and puts about 360 employees out of work. A further 550 Kodak Canada employees will continue to work for Kodak in Canada, in sales, marketing, service and support activities.