Feeds

Polaroid to close instant film plants

End of a photographic era

Gartner critical capabilities for enterprise endpoint backup

The Polaroid Corporation has announced it's running down its instant film business, likely marking the death knell for the technology.

The company has two plants in Massachusetts, at Norwood and Waltham, producing professional, large format instant film, as well as a tentacle in Mexico making the same. Consumer products are manufactured in the Netherlands, and all four factories are slated for closure this year.

Chief operating officer Tom Beaudoin told the Boston Globe that while the company is "interested in licensing its technology to an outside firm that could manufacture film for faithful Polaroid customers", it will only produce enough stock to satisfy demand into 2009.

Polaroid began its exit from instant film tech some time ago, in response to pressure from digital cameras. Beaudoin said: "We stopped making commercial-type cameras about 18 to 24 months ago, and we stopped making consumer cameras about a year ago."

The famous brand was established by Edwin Land in 1937. During WWII Polaroid made protective glasses and goggles for the US military, and produced its first instant camera in 1948.

During the boom years of the late 1970s, the company employed over 15,000 people in Massachusetts, and its OneStep was the best-selling camera of any type.

At the end of the 1980s, though, it was plunged "deeply into debt to fend off a hostile takeover", then invested heavily in failed products while failing to spot the digital threat. By 2001 it was bankrupt, and subsequently acquired by Petters Group Worldwide which snaffled up its remaining assets in 2005.

The Norwood and Waltham plant closures, due for completion during this quarter, will cost around 150 jobs. The company will retain 150 executive and administrative employees at its headquarters in Concord and a smaller office in Waltham. It will in future concentrate on flat-panel TVs and digital photography equipment.

Ron Glaz, director of digital imaging program at IDC Corporation, said of Polaroid's decision: "It's about time. The fact that they're getting out of film makes complete sense." ®

5 things you didn’t know about cloud backup

More from The Register

next story
MEN WANTED to satisfy town full of yearning BRAZILIAN HOTNESS
'Prettier, better organised, more harmonious than if men were in charge'
Cops baffled by riddle of CHICKEN who crossed ROAD
'Officers were unable to determine Chicken's intent'
Yes, but what are your plans if a DRAGON attacks?
Local UK gov outs most ridiculous FoI requests...
Drunkards warned: If you can't walk in a straight line, don't shop online, you fool!
Put it away boys. Cover them up ladies. Your credit cards, we mean
Why your mum was WRONG about whiffy tattooed people
They're a future source of RENEWABLE ENERGY
Murder accused DIDN'T ask Siri 'how to hide my roommate'
US court hears of cached browser image - not actual request
Chomp that sausage: Brits just LOVE scoffing a Full Monty
Sales of traditional brekkie foods soar as hungry folk get their mitts greasy
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.