January 26, 2022, Rosh Ha’ayin, Israel – Kornit Digital Ltd. (NASDAQ: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionx and textile production technologies, announced today the official opening of its new scalable, state-of-the-art ink manufacturing facility in Kiryat Gat, Israel.
Themodern, 11,000-square-meterfacility incorporates advanced automation,sophisticated workflows, and innovative technologies for production optimization. The new high-volume productionfacilityis 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 ensurewe can supportthe tremendous growth our customers are experiencing, for many years to come,” said Ronen Samuel, Kornit Digital’s Chief Executive Officer. “We are proud tolead the chargefor a cleaner and more responsive textile industryas we continueto write the operating system for sustainable fashion and textiles on demand.”
