High-tech fiber optic cutting technology expands Wagner’s capabilities.
AMMON collaboration will work to speed technological innovation and business development.
Fabrics from France, America, Italy, Sweden, England and Japan inspire new collection.
Offers new content and enhances user-friendliness.
Arena Group is a global provider of temporary structures, seating and design for live events.
Tex Visions introduces line of collapsible chairs imprinted with advertising slogans.
Designer creates custom sail with ripstop nylon.
Aquafil Group’s Econyl recycled nylon shows great promise.
Specialty fibers promote skin health.
Expansion has led to the creation of three new management roles at Mount Vernon Mills.
Company announced in April that it would make 100-percent recyclable banner materials.
Engineered Surfaces is the new name of decorative products business segment.
Company was chosen based on both its annual gross revenue and business profile.
Software enables you to efficiently assess environmental performance of nonwovens.
Certification from SCS Global Services is textile industry first.
In an IFAI business climate survey, three factors constraining growth in the U.S. specialty fabrics market were mentioned: high raw material costs, overseas competition, and high oil/energy prices. From September –December 2008, high raw material and petroleum-related prices were exacerbated by tighter credit markets and record unemployment.
Survey respondents reported some positive factors: increasing market share due to increased consolidation, greater export opportunities, and development of new technology and growth in eco-friendly green markets. Growth markets include medical textiles, military applications, safety and protective products, and the domestic and international use of geosynthetics.
Increases in raw material and energy costs, increased labor costs and medical insurance premiums and the possible long-term shrinkage of the military market were mentioned as threats to growth. The poor economy means a weak U.S. dollar, tighter credit and reduced consumer buying. Overcapacity could be a problem, due to increased costs, decreased customer demand and global competition, especially from China and India.
In response, suppliers will focus on high value products, profitable niche markets and product diversification, improving manufacturing processes, R&D and information technology. Advertising, marketing and sales promotion will be key.
From the 2009 State of the Industry Report. Purchase a complete report at the IFAI Bookstore.