Counselor High 40 distributor Customized Ink (asi/173232) is diving into digital printing.
The Fairfax, VA-based firm is transitioning a major share of its printing from display to digital direct-to-garment (DTG) manufacturing, selecting Kornit Digital fulfillers around the globe to bolster its manufacturing capabilities.
Traditionally, Customized Ink has relied on each screen- and digital-printing applied sciences however mentioned that the growing demand for speedy achievement, coupled with the necessity for sustainable and environment friendly manufacturing strategies, has accelerated its shift towards digital expertise.
“At Customized Ink, our mission has at all times been to deliver folks collectively and construct communities via customized attire, gear and swag,” mentioned 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 tools and achievement companies, with merchandise like its Atlas MAX on-demand DTG printer.
Late final 12 months, Customized Ink laid off practically 500 workers, reportedly ending in-house ornament and manufacturing.
The corporate instructed the Dallas Morning Information in an announcement on the time that it was closing its in-house manufacturing facility by the top of the primary quarter of 2024 and shifting towards a manufacturing mannequin utilizing a community of companions as a means “to enhance efficiency and higher align the enterprise with its tech-oriented progress technique.”
Headquartered in Israel with places of work within the U.S., Europe and Asia, Kornit Digital provides high-end digital printing programs, inks, consumables, software program and achievement companies via its international achievement community.
“The attire trade is evolving, and firms should evolve with it,” mentioned Kornit CEO Ronen Samuel. “Right now’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 prospects to successfully categorical their emotions, likes and feelings via 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, its fundraising arm is a platform to lift cash and consciousness for charities and private causes via 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. Traders led by Nice Hill Companions, a Boston-based non-public fairness agency with billions of {dollars} in belongings 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 listing of the biggest distributors within the trade.
