Acquisition: Optimation buys Kodak engineering units


Optimation Industrial Services , a subsidiary of Optimation Technology Inc., signed an agreement to purchase the capital engineering, capitalized maintenance, and construction units of Kodak's Global Manufacturing Technology Organization . The companies describe Kodak as a major customer for Optimation, a designer of automated processes and machines systems for the manufacturing industries, which calls Kodak one of its most significant clients. The transaction, expected to be completed on or around Dec. 30, 2006, was announced Dec. 5. Terms were not disclosed, although assets and number of persons involved were discussed.

As part of the agreement, Optimation acquires equipment and facilities essential to operating the units and providing capitalized maintenance and construction services. Also under the agreement, Kodak contracts with Optimation to provide services in these areas. Optimation plans to hire approximately 162 employees currently working in these groups. Bill Pollock, president of Optimation, expects the added skills and staff to better serve other clients. "We'll be able to provide both design and maintenance services to other manufacturing plants in Rochester and beyond the local area," Pollack adds.

Terry Taber, general manager of the Global Manufacturing Technology Organization for Kodak, says, the "agreement offers the prospect for enhanced employment stability for our employees who will be moving over to Optimation Technology in 2007. Optimation is a leader in the industry segments it currently serves and is now expanding its scope of services. We look forward to working with them as a partner in our business. This agreement is structured to provide operating flexibility for Kodak, an essential characteristic for our future success."

Optimation, with headquarters in Rush, NY (near Kodak's headquarters in Rochester), has served Kodak for 22 years. Other Optimation offices and subsidiaries are in Syracuse, NY; Boston, MA; Houston, TX; Detroit, MI; St. Paul, MN; and Edmonton, Alberta, Canada. Optimation customer industries include chemical, food, pharmaceutical, medical devices, consumer products, glass, paper, energy, water, and wastewater treatment.

—Edited by Mark T. Hoske , Control Engineering editor in chief

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Controller programming; Safety networks; Enclosure design; Power quality; Safety integrity levels; Increasing process efficiency
Additive manufacturing benefits; HMI and sensor tips; System integrator advice; Innovations from the industry
Robotic safety, collaboration, standards; DCS migration tips; IT/OT convergence; 2017 Control Engineering Salary and Career Survey
Featured articles highlight technologies that enable the Industrial Internet of Things, IIoT-related products and strategies to get data more easily to the user.
This article collection contains several articles on how automation and controls are helping human-machine interface (HMI) hardware and software advance.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Infrastructure for natural gas expansion; Artificial lift methods; Disruptive technology and fugitive gas emissions
Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me