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PATENT
George Eastman, a high-school dropout from rural New York, goes to London to obtain a patent on his plate-coating machine. -
LEASE IN NEW YORK
Eastman leases the third floor of a building on State Street in Rochester, New York, and begins to make dry plates for sale. -
EASTMAN DRY PLATE COMPANY
Eastman and businessman Henry Strong form a partnership called the Eastman Dry Plate Company. -
KODAK IS BORN
The name Kodak is born and the Kodak camera is placed on the market, with the slogan: “You Press The Button - We Do The Rest.” -
THE 100,000th KODAK
The 100,000th Kodak camera is manufactured. The pocket Kodak camera sold for $5. -
BROWNIE CAMERA
Brownie camera is introduced — sells for $1. -
Eastman Kodak Company of New Jersey
Eastman Kodak Company of New Jersey, the present parent company, is formed. George Eastman becomes president. Strong remains the head of the New York company until his death in 1919. -
EASTMAN GIFTS 1/3 OF HIS KODAK STOCK
George Eastman gifts one-third of his Kodak stock - worth roughly $10 million at the time - to employees. -
PHOTOGRAPHIC CHEMICALS TO KODAK
Establishes a chemicals subsidiary to supply acetic acid and other photographic chemicals to Kodak. -
FIRST MOTION PICTURE FILM
Introduces its first motion picture film designed for making movies with soundtracks. -
EASTMAN GELATIN CORPORATION
Buys a gelatin manufacturing plant in Peabody, Massachusetts, and forms Eastman Gelatin Corporation. -
EASTMAN IS SUICIDE
George Eastman, suffering from a painful spinal disorder, commits suicide with a bullet to the heart. He leaves a note that says: “My work is done. Why wait?” -
WORL`S FIRST DIGITAL CAMERA
Invents the world’s first digital camera, a toaster-sized image sensor that captured rough hues of black and white. -
100th ANNIVERSARY
Celebrates 100th anniversary. Enters the clinical diagnostic market. -
10 BILLION MARK
Sales cross the $10 billion mark. -
SPINS OFF ITS CHEMICALS BUSINESS
Spins off its chemicals business, Eastman Chemical Co (EMN.N), to help pay down debt. -
STOCK TOUCHES ALL-TIME HIGH
Stock touches all-time high of $94.38. The stock closed at $0.55 on Wednesday on the New York Stock Exchange. -
SELLS DIGITAL PRINTER, COPIER AND ROLLER OPERATIONS
Sells digital printer, copier/duplicator and roller assembly operations to Heidelberger Druckmaschinen AG (HDDG.DE). -
KODAK KICKED OFF DOW JONES INDUSTRIAL AVERAGE
Kodak kicked off the Dow Jones Industrial Average. It had been a member since 1930. -
RANK #1
Ranked No. 1 in U.S. digital camera sales. -
ANNUAL PROFIT
The last year Kodak turns an annual profit. -
SUSPEND CASH DIVIDENDS
Decides to suspend cash dividends -
FALL OF DIGITAL CAMERA
By the end 2010, Kodak has equivalent of 18,800 full-time employees. Its digital camera market share has fallen to 7 percent, ranking seventh behind Canon Inc (7751.T), Sony Corp (SNE.N) (6758.T), Nikon Corp (7731.T) and others, according to IDC. -
RAISING FEARS ABOUT ITS LIQUIDITY
Kodak borrows $160 million against its credit line, raising fears about its liquidity. -
RESTRUCTURING EXPERTS
Kodak says it has hired restructuring experts -
NEED TO RAISE A NEW DEBT
Warns that it may need to raise new debt or complete a multibillion-dollar patent sale to survive the next 12 months. -
KODAK SHARES MAY BE DELISTED
New York Stock Exchange warns Kodak its shares may be delisted. -
KODAK ANNOUNCES A NEW BUSINESS STRUCTURE
Kodak announces a new business structure that divides its film group into its two other business units.
