SGL Carbon sells SGL Kümpers holdings

February 27, 2018

SGL Carbon SE sold its 51 percent shareholding in the SGL Kümpers GmbH & Co. KG joint venture to Kümpers GmbH and Franz-Jürgen Kümpers. SGL Group will continue to supply carbon fibers, maintaining its business relationship with Kümpers. With the sale, SGL Group will optimize its carbon fiber value chain in Germany and Austria by …

OTTO invests in Sympatex

February 26, 2018

The office of the Hamburg OTTO family has brokered the new investors of Sympatex Technologies. After having successfully restructured the Smart Solutions Holding (parent company of Sympatex Technologies GmbH) and having evaluated the available purchase offers, Sympatex, the Munich manufacturer of functional textiles, will be owned by members of the OTTO family and advised by …

Epson and CIT partner

February 23, 2018

Epson America, a leader in printing technology, and CIT Direct Capital, the national digital small business-lending unit of CIT Group, are partnering to offer financing for commercial and digital print customers. The collaboration will allow CIT to provide Epson dealers, channel partners, resellers and customers a primary source of financing through a single point of …

BYTE and TexTempo form partnership

February 22, 2018

Apparel software developer BYTE Software Services and sewn products automation and marketing experts TexTempo have partnered to deliver a broad platform of manufacturing process improvement solutions available to the sewn products industry. Under the agreement, TexTempo will be the exclusive sales agent for BYTE shop floor control, ERP and other manufacturing solutions in North America. …

Applied DNA expands internationally

February 21, 2018

Applied DNA Sciences Inc., Stony Brook, N.Y., has established a central DNA testing laboratory in Ahmedabad, India, that provides full forensic authentication services. The laboratory supports Applied DNA’s growing global textile business in the Asia-Pacific region with expansion capability for other supply chains present in the region, such as fertilizer and pharmaceuticals. It is strategically …

ACW acquires new dye range

February 20, 2018

American Cord & Webbing Co. (ACW) has acquired Mageba continuous dye range. The electronic range is designed for acid dying, which allows for fast color changes, and it is specialized for the continuous acid dying of light woven tapes and heavy-duty webbing used in commercial, industrial and military applications. ACW can now offer custom dye …

MIPS and Tamarack partner for brain safety

February 19, 2018

MIPS, the Stockholm, Sweden-based brain safety technology company, will incorporate GlideWear to develop new products designed to protect the brains of athletes wearing hard shell helmets. The agreement between MIPS and GlideWear manufacturer Tamarack Habilitation Technologies Inc., will combine two revolutionary technologies. MIPS products address the rotational forces and energies that are linked to brain …

Rainier Industries transitions CEO role from Scott Campbell to David Traub

February 17, 2018

Scott Campbell, president and CEO of Rainier Industries, Tukwila, Wash., has announced his retirement, and David Traub is assuming the role of the company’s CEO. Though the leadership is changing, the company’s values and mission to build high quality products and provide world class service remain the same. Campbell has been president since purchasing the …

Meridian announces promotions

February 14, 2018

Meridian Specialty Yarn Group has promoted employees at its Valdese and Ranlo, N.C., plants in conjunction with major U.S. expansions. Promotions include Stephen Hudson to senior vice president, specialty markets; and Amy Isenhour to vice president, sales and marketing. Promotions at the Valdese plant: John Marlowe to vice president, manufacturing; Danny Whisnant to director, process …

NAFTA textile negotiations

February 13, 2018

Negotiators from the United States, Canada and Mexico met to discuss textiles in Washington, D.C., on December 15, 2017 and in Montreal on January 23–28, 2018. The first two rounds focused on technical discussions and exchanging information versus substantive decision- making. In the third round, the United States tabled text on rules of origin, including …