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Qualex company history timeline

1988

1988: Sterling Drug Inc., maker of prescription and OTC drugs, is acquired.

1990

In April 1990 the company admitted that it had violated New York's environmental regulations and was fined $1 million.

1991

In 1991 Eastman Chemical entered the propylene business with the purchase of propylene interests as well as the urethane polyols business of ARCO Chemical Company.

1991: Polaroid's suit against Kodak is settled, with the latter paying the former $925 million.

1992

As part of its exploration of various new technologies, including digital photography, the division in 1992 developed a camera able to store photographic shots on a compact disc that could be displayed on a CD player.

1993

These businesses had together accounted for $7.4 billion in revenues in 1993 but only $46 million in pretax profit.

1993: George Fisher becomes the first outsider to head the company; Eastman Chemical is spun off to shareholders.

1997

In 1997 the WTO rejected Kodak's claims, ruling in Fuji's favor.

1998

Divestments in 1998 included the Fox Photo, Inc. photofinishing chain, which was sold to Wolf Camera.

1999

Although Kodak had managed to make a profit of $20 million from its digital businesses in 1999, it was far from clear whether Kodak would be a major player in the digital world of the new millennium.

1999: The office imaging unit is sold.

2002

2002: Qualex opens the first warehouse in East Los Angeles.

2010

2010: Qualex opens the second warehouse in Commerce.

2014

2014: Qualex expands to a third location in Commerce focusing in consumer goods, retail, food and beverage.

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Founded
1987
Company founded
Headquarters
Durham, NC
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Qualex may also be known as or be related to Qualex, Qualex Inc and Qualex, Inc. (California).