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News Release from: Kodak Graphic Communications Group
Edited by the Printingtalk Editorial
Team on 05 March 2004
KPG Buys Mitsubishi Plate Operation
Kodak Polychrome Graphics has completed the acquisition of the plate business in Japan of MCC Group (Mitsubishi Chemical Corporation and Mitsubishi Chemical Media, a subsidiary of MCC) on December 1,
Kodak Polychrome Graphics has completed the acquisition of the plate business in Japan of MCC Group (Mitsubishi Chemical Corporation and Mitsubishi Chemical Media, a subsidiary of MCC) Under terms of the acquisition, MCC will manufacture thermal and conventional plate products for KPG on a contract basis at its Kashima, Japan plant
This article was originally published on Printingtalk on 1 Aug 2008 at 8.00am (UK)
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KPG obtained the right to manufacture and sell products to MCC's customers and dealers in Japan, as well as a right to sell products to the MCC channel and customers in Asia.
Approximately 30 MCC sales, marketing and technical employees transferred to KPG.
"Our highest priority is ensuring continuity in product quality, reliability and supply," said Jeff Jacobson, chief executive officer, KPG.
"Customers will be receiving the same high-quality products, manufactured in the same plants and serviced by the same people.
We are committed to delivering a smooth transition for customers, dealers and employees," he added.
Terms of the acquisition are not being released.
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