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February 7, 2025 61 mins
Big moves are happening in the garment decorating industry! This week, we kick things off with Tyler Dummett, President of Workhorse Products, as he joins us to discuss the strategic merger between Workhorse Products and Lawson Screen & Digital—what it means for their customers and the industry at large. Then, in the second half of the show, Terry and Aaron dive into the broader impact of mergers and acquisitions in our space. Are these moves expanding opportunities and driving innovation, or are they simply bailouts for struggling businesses? Join us as we break down what’s happening behind the scenes and how it might affect your business moving forward! Don’t miss this insightful discussion—tune in live and share your thoughts! Our regular listeners know this, but 2 Regular Guys are all about garment decorating, a bit of fun, and no rants, lectures, or selling. 2 Regular Guys was not created for our employers but for our industry. Since February 2013, The 2 Regular Guys have been the first and the most listened-to garment decorating industry podcast on this planet! We are humbled by all of you tuning in each week. We work hard to bring you information that will improve your business and our industry. Take a look at our incredible weekly guest list, and you’ll understand where this industry goes for news, interviews, and the heartbeat of garment decorating. Thanks for listening! Your business’ SVPs—Strengths, Values, and Passions—are the foundation for long-term success. When aligned with these, you can move from feeling overwhelmed by daily operations to gaining clarity and control. Take the SVP Business Alignment Assessment News If you have anything newsworthy you would like us to share, please email details to info@2regularguys.com. Use the subject line “Weekly News.” https://www.youtube.com/watch?v=pO_7qlLdwCs Dad Joke Terry: Mountains aren't just funny… They’re hill areas (Hilarious) Mergers Aaron: Tyler, welcome to the show. To my recollection, this is the first time we have been able to host you. Thanks for being here. Can you start by giving us a little background on you and your path to the industry? Terry: So the big news we have you here to share is the announcement of a merger with Workhorse and Lawson. What led to the decision for Workhorse and Lawson to merge, and what excites you most about this partnership? Aaron: What changes (if any) can Workhorse and Lawson's customers expect in terms of product lines, customer service, or overall experience? Aaron: Mergers can spark concern about company culture shifts. How do you plan to maintain the unique strengths and values that both Workhorse and Lawson bring to the industry? Terry: Before we let you go, looking ahead, where do you see the screen printing and digital printing industry going, and how does this merger position Workhorse and Lawson for the future? Our discussion Why mergers and acquisitions? (Positive) Expand markets and footprint (Negative) Bail out a struggling entity The US Screen experience The “stronger together” line… there’s always another reason Why Are Mergers & Acquisitions Happening Now? Market Expansion & Growth: Companies are consolidating to strengthen their market position, offer a wider range of products, and expand their reach. Technology & Innovation: Many M&As are aimed at leveraging new technologies to stay competitive, like Epson acquiring Fiery for its digital workflow expertise. Supply Chain & Distribution Efficiency: Companies are merging to improve logistics, reduce costs, and streamline operations. Financial Stability & Risk Reduction: Some M&As help struggling businesses stay afloat while others allow successful companies to scale faster. Talking Points: What does consolidation mean for small and mid-sized decorators? How does competition change when major players merge? Can M&As lead to innovation,
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