Sandy Parker, president and CEO of the Rochester Business Alliance, issued this statement on the announcement Jan. 19 that Eastman Kodak Co. had filed for Chapter 11 bankruptcy protection.

"As president and CEO of an organization that traces its roots to George Eastman, I understand and share in the nostalgic sadness being expressed over Kodak's decision to file for Chapter 11 bankruptcy.

However, I do not view this development as a tragic for either Kodak or for this community, and the Rochester Business Alliance will continue to support Kodak as it works to emerge from bankruptcy, and to promote Greater Rochester for what it is – home to many world-class companies, a highly skilled and entrepreneurial workforce and a great place to live, run a business and raise a family. "