Milliken & Company, Spartanburg, S.C., sold its Automotive Body Cloth division to a Milliken management group supported by an investment capital firm with automotive expertise. The new entity, Autotex, will continue to employ 1,000 of the 1,200 workers of the former Milliken division and will be headquartered in South Carolina. However, the deal will close the former Milliken Sharon Plant near Abbeville, S.C., which has 140 employees.
Milliken sells automotive body cloth division
Industry News, Markets | December 1, 2009 | By: ATA
You might also like...
Arvind Advanced Materials Ltd. acquires majority interest in Dalco-GFT Nonwovens
Tickets available for Alphabet Soup Collective Shindig
Minnesota passes law excluding some products from PFAS reporting requirements
Organic Cotton Summit concludes with call for greater investment, collaboration
SBA launches $1M ‘Patriot Pitch’ competition for small businesses