In December 2009, Japanese manufacturers Suminoe Textile Company Ltd. and Teijin Fibers Ltd. will locate a joint venture in Osaka, Japan, to combine their strengths in automotive fabric production. The new venture, Suminoe Teijin Techno Company Ltd., will have the advantages of Suminoe’s large market share and developed relationships with auto manufacturers, as well as Teijin’s environmentally sustainable and technologically sophisticated processing capabilities.
Joint venture forms in auto fabric production
Industry News, Markets | June 1, 2009 | By: ATA
You might also like...
FabricLink Network announces development of The Textile Gateway
DITF and VRETENA win Cellulose Fiber Innovation of the Year 2024 Award
New DHS textile enforcement plan cracks down on illicit trade
NCTO praises DHS textile, apparel enforcement plan
Fashion for Good welcomes 10 companies to 2024 Innovation Program