Ilford Imaging bought by investment company

Discussion in 'Industry News' started by AgX, Apr 8, 2010.

  1. AgX

    AgX Member

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  2. Steve Smith

    Steve Smith Subscriber

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    This is not Ilford Photo though.


    Steve.
     
  3. eclarke

    eclarke Member

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    Yep, more corporate crap. The citizens of the entire world need to force corporations to profit from making things and not financial moves...Evan Clarke
     
  4. David A. Goldfarb

    David A. Goldfarb Moderator Staff Member Moderator

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    This is not Ilford Photo, but it is the company responsible for Ilfochrome.
     
  5. AgX

    AgX Member

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    This invesrment company thing is tricky. Some other materials praised here at Apug are made by manufacturers backed by investment companies. Maybe we would lack those materials if the manufacturers would have to rely on bank money.
     
  6. eclarke

    eclarke Member

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    I agree, but it's a crappy way for people to live. Investment companies are only interested in shuffling papers around, what happens if the investment company wakes up and finds that Ilford Imaging can make them a quick little profit if they sell the scrap metal and the real estate? People made better wealth in the past by employing people and making products than the robber barons of this century are making corporate raids. The people of the industrialized world deserve the financial instability we have now because we have let the giant corporate culture evolve. The people in developing counties deserve what they WILL get when the same corporations forsake them. Hopefully we will have a giant solar storm and everybody will be directly responsible for their own needs and welfare. Corporate savvy and paper shuffling will have no value then....EC
     
  7. MartinCrabtree

    MartinCrabtree Member

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    Won't the gamma rays be hard on my unexposed film?
     
  8. Ray Rogers

    Ray Rogers Member

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    AgX, I can't seem to get the top link to open (I get a redirect to nowhere land) and the 2nd link just takes me to Boresville.

    :sad:

    This is sad news anyhow.... eclarke, I hear you.

    Ray
     
  9. Aurum

    Aurum Member

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    Been there, done that. The company I work for was a management buy out and went through two sets of venture capitalists in fairly quick succession. It works, but its not a good long term strategy. They want "Paper Value", and this is often at the cost of long term prospects. We were relieved when a big, "evil multinational" bought us. They understood what we were about, and they are looking Looooong term. Now its time to rebuild the damage the financial vultures wrought.

    Actually the financial wizzkids will be looking longterm ATM, as the rate of return on buying a company, and building it up will be a hell of a lot better than gambling on the markets. We may be seeing a bit more proper investment now. One hopes so anyway
     
  10. fotch

    fotch Member

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    Wow, I know that winter has returned around here and that Milwaukee got some snow, but this is the worst case of cabin fever I have heard of. :wink:
     
  11. Renato Tonelli

    Renato Tonelli Subscriber

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    I'm sure the Ilfochrome line is not very profitable...
     
  12. pentaxuser

    pentaxuser Subscriber

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    No a much worse case was when Wolf Larsen thought Charlie had become a chicken in "The Gold Rush" and chased him round the cabin with an axe.:D

    pentaxuser
     
  13. Aurum

    Aurum Member

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    I have days like that but without hallucinating chickens
     
  14. Q.G.

    Q.G. Inactive

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    You then just chase after Charlie with an axe?
     
  15. Prest_400

    Prest_400 Member

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    Seems so, it's a niche market. I read about the French Army using it and that's why Ilford (Oji) said it would be manufactured until 2020 at least. Because their contract ends there.

    It would be sad to have it discontinued. I want to try it once I have a few nice slides.
     
  16. Brac

    Brac Member

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    The factory in Switzerland also makes some nice inkjet papers, which are quite easy to get hold of (in Europe, at least). They are branded as Ilford, as they have the right to do that for what are regarded as colour materials. That apparently is why Harman's line of inkjet papers, made in the UK, is branded Harman.
     
  17. Renato Tonelli

    Renato Tonelli Subscriber

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    I fear this may mean "goodbye to Ilfochrome". I would like to be wrong about this.
     
  18. nickrapak

    nickrapak Member

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    Considering this happened a year ago, I wouldn't be extremely worried about it being killed off any faster now that a private firm owns it.
     
  19. ronlamarsh

    ronlamarsh Member

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    The end

    I'm with you EC, it might be interesting to watch an investment banker trying to buy food or water with worthless money.
     
  20. Poisson Du Jour

    Poisson Du Jour Member

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    Prepare to see Ilfochrome raw materials skyrocket. Ultimately, out of reach to everybody...
    Shareholders behind the firm(s) will be rubbing their hands with glee at the expected profit returns, until at least the world looses interest in Ilfochrome and suddenly pfff— ... no more returns. Isn't it curious than investment company here in Australia owned by two general practitioners was one of the less-palatable reasons why Australia's best Ilfochrome lab — ChromaColour — went bust?