Kodak puts Eastman Business Park for Sale
Kodak will pursue the sale of Eastman Business Park (EBP), one of the nation’s largest and most diverse industrial and technology parks. Kodak believes the uniquely well-equipped site can best continue its transformation into a multi-use, multi-tenant industrial facility under the ownership of a firm focused on its redevelopment. At the same time, EBP’s sale will help Kodak to maintain its focus on its commercial imaging businesses. As the process moves forward, Kodak will continue to fully support the growing tenant and owner base, now numbering more than 50, including several Fortune 500 companies, and in continuing initiatives with government and economic development officials to attract new tenants.
Eastman Business Park encompasses 1,200 acres in the City of Rochester and Town of Greece. It has extensive infrastructure support, including a power plant with 125 megawatts of capacity, water supply and wastewater treatment facilities, security and emergency services, and an in-plant railroad. Its unique infrastructure has allowed middle-stage technology companies to develop their businesses from the lab-scale prototype stages to the later stages of production – including full product commercialization. Interested parties may contact Paula Gutkin, Kodak’s managing director of Corporate Development for further information ([email protected]).