Kodak has acquired Graphic Systems Services (GSS), giving it greater control over its sourcing of inkjet press components as well as additional engineering expertise.
GSS provides web inkjet press transport systems and other print-related components and engineering services. The acquisition reflects Kodak’s ongoing investment in digital print technology, as the company seeks to expand its growing portfolio of inkjet presses. It is a geographically appealing addition also, as Ohio-based GSS is located in Springboro, close to Kodak’s inkjet design and manufacturing hub in Dayton.
GSS has been designing and manufacturing web transport systems for inkjet applications for more than 15 years. It has manufactured over 100 inkjet transports, from 18-52in wide and at speeds from 500-2000ft/m. GSS is a long-time Kodak vendor, providing transport systems for various presses in its existing portfolio such as the Prosper Ultra 520 and Kodak Prosper 7000 Turbo.
‘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,’ commented 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.’
Dan Green, president and CEO at GSS, said, ‘Over our 20 years of working together, we have developed a very close working relationship with Kodak. 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.’
