tradernewstip
1 week ago
Screen printing has undergone a significant evolution, transforming from a basic method of transferring ink onto surfaces to a versatile and highly sophisticated technique with broad applications. Hereβs how screen printing has revolutionized:
Technology Advancements: Modern screen printing involves highly precise machinery and digital processes that allow for intricate designs and precise color matching. Automated systems have streamlined production, making large-scale printing more efficient.
Materials Innovation: The development of advanced inks, including water-based and UV-curable options, has expanded the range of substrates that can be printed on. This includes textiles, plastics, glass, metal, and even electronics.
Artistic Expression: Screen printing is valued for its ability to produce vibrant, durable, and detailed prints. Artists and designers often prefer it for its versatility in creating unique textures, gradients, and special effects that are challenging to achieve with other printing methods.
Industrial Applications: Beyond art and apparel, screen printing has found applications in various industries such as electronics (printing circuit boards), automotive (printing dashboards and control panels), and advertising (large-format signage).
Sustainability: With the advent of eco-friendly practices in manufacturing, screen printing has adapted by using safer, non-toxic inks and embracing sustainable printing practices. Water-based inks, for example, reduce environmental impact compared to solvent-based alternatives.
Customization and Personalization: The ability to print on demand and customize designs easily has made screen printing popular for personalized items like t-shirts, merchandise, and promotional materials. This flexibility has driven its adoption in small-scale businesses and startups.
Integration with Digital Technologies: Screen printing has integrated with digital technologies such as computer-aided design (CAD) and digital printing, allowing for hybrid techniques that combine the best aspects of both traditional and modern printing methods.
Overall, screen printing's evolution from a manual craft to a high-tech industry has cemented its place as a versatile and indispensable printing method in today's manufacturing and creative landscapes.
Source : CHATGPT
tradernewstip
6 months ago
ADMQ is expected to bring a new, 80,000 sq. ft. facility online in the Fall of this year. ADM expects to receive building permits and commence construction in the coming months. The building is bank financed with a construction loan at 10 year, 5 12% that can be drawn against to make necessary payments. The custom fabricated metal for the building has already been paid for and is on site. The building is expected to be completed in Fall 2024, with operations commencing before the end of the year."
Beyond acting as a new manufacturing facility, the building will host a retail storefront. This storefront will increase ADM's school uniform footprint and enable the addition of a medical uniform segment and workwear segment to the product mix. This will encompass both retail and bid contract sales, further diversifying ADM's offerings. The new store front will allow ADM to expand margins and better service existing government contract customers. As the current retail space is operating at maximum capacity, this new storefront will also allow ADM to pursue more school uniform contracts. The addition of a new medical uniform segment will enable the Company to seek out government contracts in an untapped market.
https://finance.yahoo.com/news/adm-endeavors-provides-corporate-120000677.html
tradernewstip
6 months ago
$ADMQ Breaking News! ADM Endeavors Provides Corporate Update
FORT WORTH, TX - (NewMediaWire) - January 25, 2024 - Just Right Products Inc., the wholly owned subsidiary of ADM Endeavors ("ADM" or the "Company") (OTCQB: ADMQ), announces a corporate update, including preliminary Q4 2023 results.
Preliminary Q4 2023 Financials
ADM Endeavors provides unaudited fourth quarter 2023, ending December 31, 2023, preliminary results.
The Company anticipates:
Revenues of $1.3M, representing 43% year-over-year growth
Adjusted EBITDA of $134K, which grew 200% over the year-ago quarter
Net income of $116K, a 200% increase over the fourth quarter of 2022
At the end of the quarter the Company had cash of $300K and access to a line of credit for $3.5M and is well capitalized to execute on its growth plans.
"The fourth quarter of 2023 was part of a transformational quarter for the Company," said ADM Endeavors CEO Marc Johnson. "Our fourth quarter projected results are a true indication that our strategic targeting of recession resistant government customers is working and can produce a sustainable profit. We anticipate organic growth in 2024 through both our existing and new customer opportunities. We are also exploring potential inorganic growth through M&A and expect to have our new facility online towards the end of the year, which would increase our capacity by up to five times."
New customer wins and contract renewals
Over the course of 2023, ADM has placed an emphasis on longer term, stable customers, which separates the Company from others in the sector. The majority of major promotional product and decorated apparel companies focus on large corporate clients and operate through a broker model on a global scale. ADM differentiates itself by focusing on cities, counties, schools, and government agencies by going direct to consumer, and currently operates primarily in the Dallas / Fort Worth area where the markets are large and fragmented. This strategy has been working and should drive consistent organic growth in 2024 and beyond.
https://finance.yahoo.com/news/adm-endeavors-provides-corporate-120000677.html