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Pfaff intends to accelerate response times and improve service levels.
His contributions to the company, as well as to the entire textile industry, are immeasurable.
Philadelphia SmartCEO magazine issued an Executive Management Award to Glenn A. Aust.
Ben Mead is the company's new customer relations and technical specialist.
Rob Hinckley has joined the team as vice president of sales and marketing.
Capacity will increase from 42 million pounds to 72 million pounds annually.
Protects purchasers from any defects in workmanship or materials in TenFab products for 10 years.
Hunter has shown a deep commitment to his job for 31 years.
New logo and refreshed website reflect the growing Glen Raven Technical Fabrics brand identity.
Replaces Don Araiza as the company's fifth president since 1938.
Named Small Business of the Year for the 2014 California Small Business Day celebration in Sacramento, Calif.
A multi-million dollar expansion program that will help the company meet demand.
The first texteile and wall covering company to become a Certified B Corporation.
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.