Kodak’s Health Group Announces Worldwide Price Increases On Medical Films and Related Supplies
High Raw Material Costs Trigger Health Group’s Second Price Hike in 2006
ROCHESTER, N.Y., Dec. 18 -- Eastman Kodak Company’s Health Group announced immediate price increases worldwide on all its medical imaging films and related supplies. This is the second such action Kodak has taken in 2006.
Kodak cited continued high costs of raw materials, especially silver, as the primary reason for the current and former price hikes.
The current increases range from 8% to 12%, but vary depending on products and markets around the world.
“This year has seen unprecedented high costs for basic commodities such as silver. These costs continue to escalate,” said Kevin Hobert, President of Kodak’s Health Group. “This situation requires an additional price increase to maintain production of the high-quality film products our customers expect. We’ve made great strides in reducing waste, improving productivity, and streamlining our manufacturing operations. However, this is a step that we must take to keep pace with rising raw material costs.”
Details surrounding the new prices will be communicated locally in each country. In the interim, customers who have questions can contact their local Kodak sales representative.
About Kodak’s Health Group
Kodak’s Health Group, with 2005 revenues of $2.65 billion, is a world leader in supplying the medical and dental professions with advanced healthcare products, services and information technology solutions. Its broad portfolio includes picture archiving and communications systems (PACS), radiology information systems (RIS), healthcare information systems, computed radiography (CR) and digital radiography (DR) systems, laser imagers, mammography and oncology systems, x-ray film systems, dental imaging products, and a range of consulting – as well as repair and maintenance – services.
Kodak is the world’s foremost imaging innovator, providing leading products and services to not only healthcare customers, but to the photographic and graphic communications markets. With sales of $14.3 billion in 2005, the company is committed to a digitally oriented growth strategy focused on helping people better use meaningful images and information in their life and work. Consumers use Kodak’s system of digital and traditional image capture products and services to take, print and share their pictures anytime, anywhere; Businesses effectively communicate with customers worldwide using Kodak solutions for prepress, conventional and digital printing and document imaging; and Creative Professionals rely on Kodak technology to uniquely tell their story through moving or still images.
For more information about Kodak’s Health Group, contact your Kodak representative or visit www.kodak.com/go/health.
- Contact Information
- John LaBella
- Global, North America
- Eastman Kodak Company
- Contact via E-mail
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