Glen Raven and Shawmut merge operations

Shawmut Corporation, a leader in developing high-performance composites, and Glen Raven Technical Fabrics (GRTF), a provider of technical fabric solutions, have agreed to merge GRTF’s automotive headliner and specialty industrial fabrics business into Shawmut. The merger will fully integrate Shawmut’s market-leading composite development capabilities and global lamination platform with Glen Raven’s specialty industrial fabrics operation. The newly merged organization will be majority-owned by Shawmut with Glen Raven as the minority owner.