Manufacturing Industry
Polaroid exiting film business.(News)
Plastics News, February, 2008
Byline: Frank Antosiewicz
Polaroid Corp., a name synonymous with instant film cameras for 60 years, is getting out of the film business and concentrating on its other products, such as digital cameras and instant photo printers.
The firm said it will stop making large-format films for photographers and artists and will shutter plants in Norwood and Waltham, Mass., by the end of this quarter, eliminating about 150 jobs.
A Polaroid spokeswoman confirmed that instant film plants in Enschede, the Netherlands, and Queretaro, Mexico, also will close in the first half of this year. She said that about 150 jobs in the Netherlands and 70 in Mexico will be eliminated.
The company said that its U.S. employees have been warned since 2005...
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