Kodak seeks to sell its Rochester business park

Kodak seeks to sell its Rochester business park

Posted: Updated:

ROCHESTER, N.Y. (AP) - Kodak is putting its 1,200-acre Eastman Business Park in Rochester up for sale.

The photography and film pioneer emerged from bankruptcy in September as a smaller company focused on commercial and packaging printing.

Its sprawling business park, meanwhile, has been undergoing redevelopment as a multi-tenant industrial hub.

Chief Executive Officer Jeff Clarke says Tuesday that Kodak believes that a firm focused on the transformation would best help the park reach its potential. The company declined to reveal an asking price.

Spokesman Christopher Veronda says Kodak will maintain a significant presence at the site and become a tenant of the new owner.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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