| |
| SkullandBonesSkateboards.com Forum Index » SCREEN PRINTING » totally scored at an acution the other day. |
|
Page 1 of 1 |
|
| Author |
Message |
| Fool's Gold |
 Posted: Mon Dec 04, 2006 4:05 pm |
 |
|
|
Joined: 10 Mar 2005
Posts: 284
Location: Ontario Canada
|
I went to an auction in Toronto Ontario last week. The company being liquidated was called the Incredible T-shirt Co. They printed everything for Nike, Reebok, DKNY, TOMMY, BUM, QuickSilver, The 2010 olympics, Walmart and basically every other massive contract that exists. 100,000 sqft facility, 6 14 colour M&R Challengers, 8 20' long dryers, 4 10 colour manual presses as well as the only M&R Predator I have ever seen. The Predator prints wide format all over prints, but they were using it to print huge rolls of fabric that were then taken to their sewing facility where they were made into Converse shirts and whatnot.
Anyways, the major contracts ended up going overseas to china and the whole business fell apart. They went from 450 employees, to less than 40 in a year and almost everything was liquidated. I scored the following items.
Full size drying rack = $25
75 t-shirt sized screens with mesh = $125
35 automatic sized frames with mesh = $90
The M&R Predator (over $500,000 new) sold for $20,000
Challengers sold for $10,000
they tried to sell the manuals for less than $500 each
they tried to sell an M&R Spirit 20' long, 7' wide gas dryer for $500
Flocking machines sold for $50
Quartx flashes sold for $200
3 18 head embroidery machines sold for between $6000, and $10,000
and the bootleggers all went crazy over the 5000 'rejected; Nike shirts that were being sold for about $2 each |
_________________
IRONCLAD GRAPHICS: Custom screen printed posters, apparel and stickers. |
|
| Back to top |
  
|
|
|
| newrepublicsteve |
| Posted: Mon Dec 04, 2006 4:43 pm |
|
|
|
Joined: 13 Nov 2004
Posts: 674
Location: Birmingham
|
I wish this was close to me
I am looking to go full auto in the next few months
and could have picked up everything all at once.... |
|
|
| Back to top |
 
|
| skinny |
| Posted: Mon Dec 04, 2006 6:01 pm |
|
|
|
Joined: 12 Sep 2004
Posts: 2706
|
I hope you make use of it and blow up!
Thats the kind of stuff you need to handle large orders!
congrats. |
|
|
| Back to top |
|
|
|
| Fool's Gold |
| Posted: Mon Dec 04, 2006 7:15 pm |
|
|
|
Joined: 10 Mar 2005
Posts: 284
Location: Ontario Canada
|
The problem is always shipping. Sure there were two Arrow Multi-Printers that I could have bought for $500 each, but it would have cost about $9,000-$12,000 to transport them including crating (and I lived about 3 hours away) , cranes and so forth. I think I heard a quote of about $40,000 to ship the Predator to California (not a problem for the guy who saved about $450,000 on the machine) because it's about 45' long including the take off, and dryer
How many orders, and of what size do you do a day DefStar? Great news what you are planning to go full auto in a few months, are you getting lots of orders in the 1000-5000+ piece range?
Those autos are super expensive to run, especially with a dryer that can keep up. These guys ran 8, 20' long by 7' wide gas dryers. They burn about 300,000 BTUs an hour, and require at least a 600V service to get them running. I wouldn't want more then an 8clr Sportsman when you consider how much of the large business is being shipped to china and such, these guys were essentially sizing down from 6 or 7 autos, down to 2 Challengers, 2 dryers, 1 14clr manual Chameleon, 1 10 colour Shoba and a few odds and ends. They did about about 1000 screens though. |
_________________
IRONCLAD GRAPHICS: Custom screen printed posters, apparel and stickers. |
|
| Back to top |
|
| newrepublicsteve |
| Posted: Mon Dec 04, 2006 10:03 pm |
|
|
|
Joined: 13 Nov 2004
Posts: 674
Location: Birmingham
|
we are looking at a 10 color sportsman
we run about 500 shirts a day on 2 manuals
we are goning to try to buy it outright to not have any additional bills
we could then run our current orders in less then 3 hours a day and give me 5 more hours to do sales, or more importantly skate... |
|
|
| Back to top |
|
| SkaterBonds |
| Posted: Fri Feb 23, 2007 6:10 am |
|
|
|
Joined: 14 Jul 2005
Posts: 5976
Location: Denver
|
That's good news for you and bad news for our economy.
If this keeps up, the house will eventually have to put a set of trade laws into effect that further regulate forgein trade sourcing.
That really kinda sucks, but I'm glad that the equipment is going to good use. That is a screaming deal on the screens. I assume that they washed them before selling, but it would be kind of funny to mess with the Nike prints a little if they were still full of emulsion.  |
|
|
| Back to top |
|
|
|
| Fool's Gold |
| Posted: Fri Feb 23, 2007 11:36 am |
|
|
|
Joined: 10 Mar 2005
Posts: 284
Location: Ontario Canada
|
They didn't clean the screens. We did it here, we had the whole printing line for Air Jordan, Nike, Reebok, The 2010 Olympics, DKNY, Sean John, as well as Converse and a bunch of soccer wear companies that I didn't recognie, but one of the printers did. Not to mention about 45 designs that were sold in Walmart, 14 colour photorealistic automobile prints and stuff. It was fun to look though. They are all reclaimed, or the mesh was trashed; some of the screens were stretched so tight that when we reclaimed them they burst and sounded like a small gunshot. Crazy loud considering it was only mesh ripping. Lots of screens were de-meshed because this company did a lot of Dischage printing and used emulsion hardener to prevent the screens from breaking down. that stuff is like concrete
Reality is that most manufacturing won't be done in North america anymore. I blame the company owners, and I also blame the customers. When people don't want to pay more then $3 a shirt, how is it possible to have them manufactured in north america. There is so much wealth that we, as north americans have, yet most peoples lives are dedicated to getting 'deals' on everything. I won't ever get into the bands that 'can't afford $4 a shirt" only to go around and sell them with a 500% markup. I think it's everyones greed that causes this to happen, not just 'factory owners wanting to make an extra million a year.' This company fell apart because they probably had over $15,000 a day in labour costs, not including gas and heating and other shit. Doesn't take many days of 'downtime' or lost contracts to lose your cashflow. Once cashflow is gone, you are gone. |
_________________
IRONCLAD GRAPHICS: Custom screen printed posters, apparel and stickers. |
|
| Back to top |
|
| SkaterBonds |
| Posted: Sat Feb 24, 2007 6:44 am |
|
|
|
Joined: 14 Jul 2005
Posts: 5976
Location: Denver
|
Quote: I think it's everyones greed that causes this to happen
Nail on the head. I hear you. I really think that it's unfortunate that this land is now stricken with people who want something for nothing. I don't. I don't understand the mentality. I would go bananas if I had nothing to offer in trade for someones business. We live in a society where we are so specialized in what we do for a living, that some literally don't have to do anything. This causes a flux in what we are accustomed to and becomes a standard in our society. Feeding off of the folks that keep the gears moving and wanting them moving for cheaper every day, while wanting more money at the same time.
Most companies have office working employees that are strictly dedicated to figuring out ways of increasing profit margin per term, aside from the shrink management, which works for the first few years, and then they start to do things backwards, like increasing profits internally, by firing employees and expecting the same turnout to offset what percentages aren't being gained (because they hit the cap). People don't think about things like what the cap may be and always expect more until the whole thing goes under. They keep tightening their grip until they strangle the entire company.
If you don't change your formula in the name of the dollar, when you have reached sucsess, you should keep a steady sail, but once you start to feel green with envy and greed, you'll end up losing it all.
All of the idiot land developers around here that are still in the red with the barron shopping malls that are losing retailers, that are all of three years old could probably attest to that now. An economy will only support so much expansion. We can't keep thriving off of expansion, because eventually, you hit the end. They bulldozed my grandmothers next door neighbors homes acrossed the street to build a big mason wall for the Super K-Mart center parking lot that went in and they sold the building to Lowe's Home Improvement after five years.
I spent three days installing a dual car, single post lift at a new euro-mod garage downtown with a fork lift and a two foot shank on a water lubricated hammer drill, only to have the douche bag owner pay us half of what he agreed to, in order to remove it from the property and transport it into his storage unit that was within inches of tolerance in size, about 30 miles away.
I gave my display case that I used to use to display my Transformers to this couple that moved from LA with a nest egg bit of cash. They were attempting to open a Coffee Shop/Venue for bands to play and ended up living at the place after they had spent all of their cash on equipment, plumbing, sheetrock and furnishings. I didn't get a response from them on MySpace and after driving by the place out of curiousity, they had a realitor sign up in the window.
I just found out that my old boss that bought a mobile auto body repair business just hit the skids, too. I quit working for him because he was paying the other employees 30% more than I was, while I was setting up new contracts for him (not my job) and bringing in 83% of his entire companies revinue by myself. I would also find myself taking his business meeting calls, because he didn't know the first thing about auto body. He was a business investor that owned a realestate print advertising company.
I quit because he hadn't given me a day off in four months and I was working 12-16 hours a day. His excuse for not paying me the same (not more, the same) as his other employees was that the other employees had more bills to pay. Rad.
People are getting way ahead of themselves these days. Business plans are golden. You do need the tools to get the job done, but more importaintly, you need the proper education to make it work.
I would have loved to see some of the 14 color prints. I would have made a few of those on some cardstock, including seps, just because. I've seen some wild 20 color metallic prints recently. It's amazing what you can do with a nice screen. I'm tossing the idea around to do some graphics on cars with some bent screens.
I'm glad to hear that you were able to reclaim most of the screens. I remember seeing a batch of screens explode at my school because someone overtightened the mesh and had them sitting on a drying rack that tipped enough to dump them. It was like dominoes toppling and sounded like a 21 gun salute!  Scared the piss out of the teacher. |
|
|
| Back to top |
|
|
|
All times are GMT - 5 Hours
The time now is Sat May 10, 2025 1:06 pm
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
|
|
|
