October 21, 2011
Earlier this month Collins Ink, supplier of ink for Kodak's high speed Versamark printers, cancelled their supply agreement. Collins cited Kodak's recent credit rating downgrade, and it reasonable for any Kodak creditor to be a little nervous about getting paid. It could also be that Collins may view Kodak as distracted and see a chance to grab sales for themselves instead of to a middleman.
Here's the letter where Collins fired their first shot. Since Kodak has filed a lawsuit, look for more volleys in both directions.
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