Clothing Printers Company Kornit Digital to Build New Ink Factory
Israel-based Kornit plans to invest $17.4 million to set up a new manufacturing facility
Adi Pick | 15:18 06.03.2019
Kornit Digital Ltd., an Israel-based maker of industrial inkjet printers for the garment industry, plans to invest NIS 62 million ($17.4 million) to set up a new factory in Israel, a company spokeswoman confirmed to Calcalist Wednesday. For daily updates, subscribe to our newsletter by clicking here. Based in the northern Israeli town of Rosh HaAyin, Nasdaq-listed Kornit manufactures industrial inkjet printers, pigmented ink, and related chemical products. One of its main customers is Amazon, which also holds a 7% stake in the company.