A Lanarkshire-based vehicle graphics printing company is confident that fabric printing could be the next major growth area for their industry.
The company, OP Graphics (OPG), says that the increasing versatility of printers will allow them to extend their services, as devices are increasingly able to manage multi-material runs.
Alan Watson, the general manager of OPG said:
“(Fabrics are) something we’re looking at expanding into… we’re very confident that that side of the industry is going to grow…”
Boosting their confidence are new development in printing machines.
The new devices are able to manage traditionally expensive processes, such as silk-screen printing, as well as handle tougher fabrics such as banners and vinyl. Because of this, the capital investment that is needed is not as great.
The cost effectiveness is greater, both to those supplying the print services and those benefiting from them.
It represents good news for the company who, like any other business, has found the economic climate tough. Taking such bold approaches is key to not only survival, but growth.
In much the same way, looking at invoice factoring as a viable way to maintain cash flow can give breathing space. Able to provide sufficient funds to invest in new technologies, many businesses are seeing it as the preferred option to seeking yet another bank loan.
The news from OPG also shows that with enough determination, running even small companies is viable no matter the economic conditions.
However, it is important to speak to business professionals with a proven track record of providing advice, guidance and financial services.