INX International makes investment in Gooten

INX International Ink Co. announced it has completed an investment agreement in Gooten, the technology and fulfillment company based in New York, New York. This deal will help Gooten expand its print-on-demand manufacturing network and capabilities globally while enabling INX to accelerate its strategy in digital printing, according to the announcement. INX International Ink Co. is the third largest producer of inks in North America, with full-service subsidiaries in Europe and South America, and is part of Sakata INX worldwide operations.

This is the first investment announced since INX established its $50M INX Venture Capital investment program in May 2022.

“We are excited to welcome INX as an investor in Gooten,” said Brian Rainey, Chief Executive Officer at Gooten. “As a globally recognized leader in high performance printing inks and coatings, INX’s investment in Gooten recognizes our shared commitment to sustainability, quality, and excellence in everything we do. With the support of INX, we are excited to continue driving innovation, expanding our reach, and delivering exceptional value to our customers and partners through Gooten’s sustainable, on-demand fulfillment model.”

Shane Bertsch, INX Vice President of Strategic Planning and Innovation, anticipates being able to develop products and invest more resources in the direct-to-object (DTO) segment through the Gooten relationship.

“We see Gooten as a catalyst for enabling sustainable, on-demand manufacturing across several categories of interest for INX,” said Bertsch. “We are eager to partner with the Gooten team to bring high-quality digital printing solutions and services to our customers and partners.”

In February, 2022, the Dead Pixels Society interviewed Gooten president Maddy Alcala about the company’s role in the marketplace, its growth opportunities, managing a challenging ecosystem and even the origin of the company’s unusual name. Listen to the interview below: