Summit seeks to expand foreign direct investment in the U.S.
Goal is to increase procurement access and opportunity for women-owned small businesses.
OKEO-TEX introduces new sustainability certification.
New technique could enable the creation of fiber-based electronic and photonic devices.
New fiber changes color when stretched.
Special asphalt contains long steel fibers.
Restricted substance solution for apparel, footwear and consumer products supply chains.
Integrated heating elements prevent dust mites from becoming established.
Study results published in Journal of Industrial Textiles.
Display promotes Teijin's expansion into sportswear market.
“Perspective: Atlanta” will feature creative use of fabric to reimagine an urban loft.
ColorWall Seam Link recommends thread color matches.
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.