The service and product offerings complement those of Tex Tech.
Report shows it has quadrupled over the pas 23 years.
Roadway reinforcement product tested in trafficking study.
Conference will be held Oct. 28–29.
New method used to analyze 50,000 product applications.
Funds will help expand clothing line for children with Down syndrome.
Submit NHPA 2015 presentations by Sept. 30.
Register now to attend on Sept. 26.
First event will be held Sept. 25.
Free webinar will be held Sept. 25.
Social media tips for small businesses
Conference will be held Oct. 8-9 in Raleigh, N.C.
U.K. manufacturers look to Midwest to fuel growth.
Open meeting to include dinner and speaker.
SBA to award $8 million to promote small business exporting.
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.