Kodak Through the Years
1880-A bookkeeper at Rochester Savings Bank, Eastman, rents a third-floor loft to make dry plates commercially. Henry A. Strong, a buggy-whip manufacturer, invests money. Together in 1881 they form Eastman Dry Plate Co.
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1883-Eastman Dry Plate moves to where Kodak’s 19-story world headquarters at 343 State St. sits today.
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1888-The "Kodak" name is trademarked.
1896 - Kodak produces its 100,000th camera.
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1900 - Kodak releases the $1 Brownie camera, making photography available to the masses.
1925 - 71-year-old George Eastman hands over presidency of the company to William Stuber, becomes chairman and focuses on philanthropy.
1932 - In failing health, Eastman commits suicide in his East Avenue mansion.
1962 - Kodak sales surpass $1 billion. Worldwide employment hits 75,000.
1966 - Sales surpass $2 billion, with worldwide employment growing to 100,000.
1982 - Kodak workforce in Rochester peaks at 60,400 employees
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1983 - Kodak begins its cost-cutting years, eliminating 7,000 jobs worldwide.
1986 - Kodak announces plans to cut its worldwide workforce of 130,000 by 10 percent. That includes roughly 5,000 employees locally.
1987- Kodak enters the "filmless" photography market with products for electronically recording, transmitting and printing images - the precursor to today's digital photography.
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1991- Kodak launches its Professional Digital Camera System.
1995 - Average stock price is $58.41, revenue reaches $15 billion and profit is $1.3 billion.
2003 - Kodak unveils a five-pronged business strategy that focuses on digital technology and commercial businesses.
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2004 - Kodak announces it will cut 12,000 to 15,000 jobs worldwide and shed one-third of its real estate.
2005 - Average stock price is $27.46. Revenue is $14.3 billion and the company loses $1.3 billion.
2008 - After the Summer Olympics in Beijing, Kodak ends its decades-old sponsorship of the Games.
2012 - Company files for Chapter 11 bankruptcy.