PRESS RELEASE: Kodak Expands and Renews Business Agreement With Flextronics Global Services
SINGAPORE, March 8, 2011 /PRNewswire/ -- Flextronics (Nasdaq: FLEX) today announced that Eastman Kodak Company has signed an agreement for the expansion and renewal of the business relationship that the two companies formed in 2007. Through this agreement, Kodak will renew services provided by Flextronics Global Services (FGS) in Venray, Netherlandsrelated to Kodak's Europe, Africa, Middle East, and Russia (EAMER) warehouse business. From Venray, FGS provides services to Kodak that include warehousing, distribution and transportation management services for all outbound Kodak shipments to retailers and end-customers. The partnership will also expand to include Kodak's graphics business, where FGS will provide forward logistics services for products such as thermal plates, print heads and ink products. FGS also provides warehousing and distribution services for Kodak digital products such as digital cameras, video cameras, picture frames, batteries, photo paper, print media and accessories and for traditional film products and one-time-use cameras.
'This relationship is a partnership with interactions on various operational levels between Kodak and FGS. Our business requires a strong operational focus combined with a high level of customer focus and a pro-active attitude. The FGS Venray team is well organized to deliver that quality service," said Ron Hagen, logistics director Kodak. "Kodak remains focused on utilizing a highly-effective supply chain in order to stay competitive in the market and to provide unsurpassed service to our customers. FGS will continue to play an important role in that process."
"Innovation and continuous improvement programs implemented in Venray have resulted in significant efficiencies over successive quarters that have benefited Kodak, a valued customer with which we have established a strong, collaborative relationship," said John O'Sullivan president of FGS. "We are proud to continue serving Kodak's distribution, warehousing and transportation requirements and look forward to expanding our strong partnership in the future."
FGS provides services to Kodak from its Memphis and Venray facilities.
About Flextronics Global Services
Flextronics Global Services (FGS) is a strategic business unit of Flextronics and one of the most respected global providers of post-manufacturing supply chain logistics services. Our comprehensive suite of services are fully optimized to the specific requirements of our customers primarily operating in the computing, consumer digital, infrastructure, industrial, mobile and medical markets. Our expansive global infrastructure consists of over 20 sites and more than 14,000 employees strategically located throughout the Americas, Europe and Asia. For more information, please visit http://fgs.flextronics.com
Headquartered in Singapore (Singapore Reg. No. 199002645H), Flextronics is a leading Electronics Manufacturing Services (EMS) provider focused on delivering complete design, engineering and manufacturing services to automotive, computing, consumer, industrial, infrastructure, medical and mobile OEMs. Flextronics helps customers design, build, ship, and service electronics products through a network of facilities in 30 countries on four continents. This global presence provides design and engineering solutions that are combined with core electronics manufacturing and logistics services, and vertically integrated with components technologies, to optimize customer operations by lowering costs and reducing time to market. For more information, please visit www.flextronics.com.
(First posted on Wednesday, March 9, 2011 at 17:42 EST)