Gooten, a technology and logistics company with its U.S. headquarters in New York City, has finalised an investment agreement with INX International Ink Co., the company said today. This agreement will allow INX to advance its digital printing strategy while also assisting Gooten in broadening its print-on-demand manufacturing network and capabilities globally.
Since INX launched its $50 million INX Venture Capital investment programme in May 2022 with the aim of fostering collaboration with technology and materials science firms pertinent to the printing inks and coatings value chain, this is the first investment that has been made public.
Globally based Gooten runs an intelligent supply chain for businesses looking to use on-demand manufacturing. The business accomplishes this by integrating unique technology, operational know-how, and a global network. network of more than 30 top-tier manufacturing partners. With the help of Gooten’s digital infrastructure, retailers, eCommerce firms, and international merchandise companies may automate order fulfilment and increase manufacturing in an environment without inventories.
Brian Rainey, CEO of Gooten, said, “We are thrilled to welcome INX as an investor in Gooten. “As a leader in high performance printing inks and coatings with a global reputation, INX’s investment in Gooten demonstrates our shared dedication to excellence, quality, and sustainability in everything we do. Using Gooten’s sustainable, on-demand fulfilment strategy, we are eager to keep advancing innovation, extending our reach, and providing outstanding value to our clients and partners with the help of INX. Vice President of Strategic Planning and Innovation for INX Shane Bertsch expects being able to create products and devote more funds to the Gooten connection, which directs the DTO section.
According to Bertsch, “We see Gooten as a catalyst for allowing sustainable, on-demand manufacturing across a number of sectors of interest to INX.” We are excited to work with the Gooten team to offer our clients and partners high-quality digital printing solutions and services.
