Top Value Fabrics has announced its acquisition of Pacific Coast Fabrics, a California-based textile provider. Effective November 1, both entities will operate under the Top Value Fabrics name with all current products continuing distribution. The merger aims to expand Top Value’s product offerings, strengthen distribution networks, and grow its global reach.
The 100-percent employee-owned company reports the Pacific Coast team will join its ownership plan, according to a release.
Edgar Morales, a sales rep with Hirsch Solutions since 2004, passed away on June 9th, 2017. Morales served the Los Angeles area and made many friends during his 13 years with the company. He also was a familiar figure at industry trade shows.
Dynamesh, the US subsidiary of Japanese NBC Meshtec, has rebranded its company name as NBC Meshtec Americas to better reflect the relationship between the two organizations, establish a unified corporate identity, and increase NBC Meshtec’s brand awareness in America.
NBC Meshtec Americas has also announced the appointment of Mitsuhiro “Mitch” Shinoda as the US company’s new president.
SGIA is now accepting entries for the Golden Image Awards specialty imaging competition. The contest showcases excellence in digital, garment, and graphics printing on a wide range of media and substrates. Corporate printer members of SGIA are encouraged to submit entries to the SGIA depository between September 16 and October 4.
Teespring, the online custom T-shirt marketplace startup, has recapitalized its stock in what is being described as a financial “cram down.” The Wall Street Journal reports that Teespring is currently raising new financing at a company valuation of about $11 million, compared to previous valuations as high as $650 million. The financial restructuring comes on the heels of steep workforce layoffs first reported in May of 2017 and the closure of its Providence, Rhode Island headquarters last year.
The judges of the FESPA World Wrap Masters Series have named the top three contestants in its wrap installation competition: First place, Jonas Sjöström, freelance wrapper from Sweden; second place, Martynas Bertulis of Ireland; and third place, Ruan Greef of South Africa. The series final was held at the FESPA 2017 expo in Hamburg, Germany. Over two days, installers faced challenges such as wrapping both a Formula 4 racecar and one side of a speedboat in just 60 minutes.
Screen Printing magazine is on the hunt for technology or applications that highlight groundbreaking innovations in the history of specialty printing. We’re looking for specific innovations in garment, graphics, analog, or digital imaging that have had, or are having, a major impact on the industry. Our special edition December/January issue will focus on innovations that are currently relevant and meaningful to the field, broader than a single product, and that can be attributed to a person or team, whether printers or manufacturers.
Product decoration using inkjet technology isn’t new – systems have in fact been on the market for many years. But recent developments have made decorating three-dimensional objects (not to be confused with 3D inkjet or additive manufacturing) one of the most talked-about segments in the industry.
Memjet has announced that Eric Owen will join the company as general manager in the commercial print business unit. In this role, Mr. Owen will oversee the sales, marketing, and distribution activities that will increase awareness and adoption of Memjet’s single-pass inkjet technology in high-volume commercial print and packaging markets.
Industrial Inkjet UK has announced the creation of a US-based subsidiary. Industrial Inkjet USA has opened an office in the Denver suburb of Golden, Colorado, and named Graham Vlcek president of the new operation. IIJ reports the driving force behind the move was to allow American customers to conduct business with a US-based company during normal work hours and in US dollars.