Still Waiting to Get Into Digital Direct-to-Garment Printing? Recent Large Investments Say You Might Get Left Behind.
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On the heals of the news of Epson's DTG line comes a story from the Washington Post, published just three days ago about venture firm Revolution Growth and it's decision to invest $40 million dollars into CustomInk, one of the largest online fulfillment houses in the U.S.; a feat in large part made possible by the use of, you guessed it, Direct-to-Garment printing.
Revolution Growth co-founder, former top AOL executive, and present owner of the Washington Capitols, Ted Leonsis, said of CustomInk, "It's a next-generation social shopping company".
Plans for the investment capital include a move to more spacious offices, expansion of a current production facility and of CustomInk operations, as well as plans to open an additional facility.
If you are a printing company and you have been questioning the viability of digital Direct-to-Garment, the big players are now giving you plenty of reason to assume that the technology will be a major part of future garment printing. If your business model doesn't work well with DTG, you may want to revisit your business model.
DTG just needs to be a bit more reliable and have more throughput but so far its is eating into the screen printing market.
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