16 June 2005 – Rochester (NY): Eastman Kodak has reported that is will discontinue its manufacture of black and white photographic paper by the end of the year. The product has become increasingly substituted by digital-imaging systems.
Kodak has declined to specify how many jobs will be affected at the Brazil plant where the paper is manufactured. The production shutdown is part of a three-year initiative by the company to reduce its workforce to 50,000 by 2007, eliminating between 12,000 and 15,000 jobs.
In other news, Kodak has announced the completion of its acquisition of Creo.