Economic downturn spurs structural change

According to a new report, “Strategies of Leading International Technical Textiles Companies, 3rd edition,” many industry leaders responded to the global economic crisis by shedding parts of their businesses deemed ‘non-core’ to private equity investors. Author Adrian Wilson provides a clear, balanced analysis of other structural changes and cutbacks, including strategic shifts in acquisitions, cost controls and production philosophies. The report analyzes company strategies and looks at their new visions for growth. Technical textile companies analyzed in the 300-page report include DSM Dyneema, DuPont, Fiberweb, Johns Manville, PGI, Teijin, TenCate and many others.