SPEEDFACTORY aims to combine the capabilities of humans and machines.
IFAI’s 2014 Outlook Conference speakers review current economic and industry trends.
A bio-derived spandex available for use in a wide variety of apparel fabrics and garments.
A lab-on-wheels that brings the testing equipment right to the user.
REACH registration services in North America from its offices in Newtown, Conn., to businesses planning to export products to the European Union.
The new factory will use Colback technology to supply carpet tile backing and automotive markets in Asia.
Attract new customers with skin-friendly and non-allergenic products.
Preparing the next generation and passing the torch.
The award recognizes the accomplishments of a small company that has shown creative strategies.
The award recognizes an individual who is moving the nonwovens industry forward through innovation.
New executive director is a Forbes 2014 30-under-30 recipient.
Applications due by June 18, 2014.
$150 million available to states for implementing or expanding programs for laid-off workers.
Learn about defense opportunities in Asia, the Middle East and Europe.
Get your name into print in the July Specialty Fabrics Review.
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.