Counselor High 40 distributor Customized Ink (asi/173232) is diving into digital printing.
The Fairfax, VA-based firm is transitioning a big share of its printing from display to digital direct-to-garment (DTG) manufacturing, selecting Kornit Digital fulfillers all over the world to bolster its manufacturing capabilities.
Traditionally, Customized Ink has relied on each screen- and digital-printing applied sciences however stated that the rising demand for fast success, coupled with the necessity for sustainable and environment friendly manufacturing strategies, has accelerated its shift towards digital expertise.
“At Customized Ink, our mission has all the time been to deliver folks collectively and construct communities by means of customized attire, gear and swag,” stated Eric Stockl, chief working officer at Customized Ink. “As we proceed to innovate and undertake quicker, extra agile options, we’ve accelerated our adoption of Kornit’s digital on-demand expertise in our manufacturing workflows to ship quick, correct and premium high quality designs.”
Kornit Digital provides digital gear and success companies, with merchandise like its Atlas MAX on-demand DTG printer.
Late final yr, Customized Ink laid off almost 500 staff, reportedly ending in-house ornament and manufacturing.
The corporate informed the Dallas Morning Information in a press release on the time that it was closing its in-house manufacturing facility by the tip of the primary quarter of 2024 and shifting towards a manufacturing mannequin utilizing a community of companions as a method “to enhance efficiency and higher align the enterprise with its tech-oriented progress technique.”
Headquartered in Israel with workplaces within the U.S., Europe and Asia, Kornit Digital provides high-end digital printing programs, inks, consumables, software program and success companies by means of its international success community.
“The attire business is evolving, and firms should evolve with it,” stated Kornit CEO Ronen Samuel. “Right this moment’s companies and shoppers worth the power to have limitless design capabilities with quick supply time and produced sustainably. Whereas display printing has been the usual for years, Kornit’s superior digital options are revolutionizing the market – permitting clients to successfully specific their emotions, likes and feelings by means of the issues they put on.”
PRINTING UNITED EXPO 2024: Sustaining Margins With Print-On-Demand https://t.co/B4Q8yrh3RR
— Chris Ruvo (@ChrisR_ASI) September 11, 2024
Working on an e-commerce mannequin, Customized Ink has made headlines lately with acquisitions of Swag.com and Printfection. Plus, it’s fundraising arm is a platform to lift cash and consciousness for charities and private causes by means of the sale of customized T-shirts and different attire.
In July of 2024, Customized Ink named former Realtor.com CEO David Doctorow as CEO with co-founder, former CEO and Counselor Energy 50 member Marc Katz persevering with on as chairman of the board. Buyers led by Nice Hill Companions, a Boston-based personal fairness agency with billions of {dollars} in property underneath administration, recapitalized Customized Ink in 2019 and stay invested within the agency.
With 2023 estimated North American promotional merchandise income of $650 million, Customized Ink ranked fourth on Counselor’s most up-to-date record of the biggest distributors within the business.
