Kornit Digital Unveils Its $25 Million State-Of-The-Art Ink Manufacturing Site
Thursday, January 27, 2022 : Israeli digital textiles printing solutions company Kornit Digital (Nasdaq: KRNT) has completed its new scalable, state-of-the-art ink manufacturing facility in Kiryat Gat after three years of construction and an investment of $25 million.
The company said that the move to the new factory will increase production to meet growing demand and improve the productivity of its employees.
The Modern, high production volume facility supports Company’s growth plans and sustainability mission
The new factory is on an 11 dunams (2.75 acres) site and includes a production plant, development laboratories, a logistics center and offices.
Kornit said, "The facility incorporates advanced automation, sophisticated workflows, and innovative technologies for production optimization. The new high-volume production facility is expected to fulfill global demand for Kornit consumables for the next decade."
The modern, 11,000-square-meter facility incorporates advanced automation, sophisticated workflows, and innovative technologies for production optimization.
The new high-volume production facility is expected to fulfill global demand for Kornit consumables for the next decade.
Recently completed at an estimated investment of $25 million USD, the facility was built in accordance with the highest quality, safety, and security standards, reflecting the Company’s commitment to environmental, social, and governance (ESG) targets embedded in Kornit Digital’s 2020 Impact Report.
“This is a key milestone in our journey to become a $1 billion company by 2026 and will ensure for many years to come that we can support the tremendous growth our customers are experiencing,” said Ronen Samuel, Kornit Digital’s Chief Executive Officer. “We are proud to lead the charge for a cleaner and more responsive textile industry as we continue to write the operating system for sustainable fashion and textiles on demand.”
About Kornit Digital
Kornit Digital (NASDAQ: KRNT) is a worldwide market leader in sustainable, on-demand, digital fashionx and textile production technologies.
The company is writing the operating system for on-demand fashion production with end-to-end solutions including digital printing systems, inks, consumables, software solutions, and an entire global ecosystem that manages workflows and fulfillment.
Headquartered in Israel with offices in the USA, Europe, and Asia Pacific, Kornit Digital serves customers in more than 100 countries and states worldwide.
