Kodak and packaging technology manufacturer BOBST have joined forces in a bid to meet increasing demand for new solutions addressing flexible, folding carton and corrugated applications.
Under the strategic development agreement, Kodak's technology will be integrated into the Bobst portfolio of packaging production equipment.
Bobst Group chief executive officer Jean-Pascal Bobst said the company joined forces with Kodak to extend the capabilities of packaging production equipment.
"Our companies are working together on innovative industrial solutions that will offer our customers unique opportunities to expand their businesses," Bobst added.
Kodak chairman and chief executive officer Antonio Perez said, "BOBST's commitment to introducing innovative products, its loyal customer base, and Kodak's portfolio of advanced technologies, including the KODAK Stream Inkjet technology, are a powerful combination that we believe will stimulate growth and transformation for BOBST customers and for our industry."