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This topic comprises 3 pages: 1 2 3
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Topic: Ilford (film manufacturer) goes bust
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Mark Gulbrandsen
Resident Trollmaster

Posts: 16657
From: Music City
Registered: Jun 99
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posted 09-02-2004 08:32 PM
I just read this in the net and thought I'd pot it. Things don't sound as bad as we thought they were !!
Mark
ILFORD IMAGING USA INC OPEN FOR BUSINESS AS ILFORD RESTRUCTURES BUSINESS WORLDWIDE Paramus, NJ (August 25, 2004)-- The accounting firm Grant Thornton announced Monday the appointment of partners Mark Byers, Malcolm Shierson and Les Ross as joint administrators of our UK parent company Ilford Imaging Limited and joint administrative receivers of our UK affiliate Ilford Imaging UK Limited. The announcement pertains to those two UK companies alone. The Swiss business, including the ILFORD production facility in Marly, is solvent and continues to conduct business as usual. Similarly, Ilford Imaging USA Inc continues to do business as normal. "The US entity is operating in a business-as-usual fashion, and is continuing to accept and deliver on its orders as we evaluate how the changes at the UK companies might affect us", said Ward Phillips, President of ILFORD Imaging USA Inc. "We are taking every action and precaution to maintain ongoing operations with our customers. At the same time, behind the scenes, we will be working with our related companies in the ILFORD group to improve its performance and strengthen the outlook for the future", Phillips further stated. The ILFORD group was founded in 1879 in the UK, and more recently it has developed into the world’s leading supplier of dyes for inkjet photo printers and is the second largest manufacturer of inkjet photo paper. ###
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This topic comprises 3 pages: 1 2 3
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