November 27, 2019
According to the ResearchAndMarkets.com report “Cooling Fabrics Market by Type—Global Forecast to 2024,” the cooling fabrics market is estimated to grow from 2.4 billion in 2019 to USD 3.7 billion by 2024. Increasing demand for sports apparel, protective wear and growing research and development for cooling fabrics are the main factors that have led to …
November 26, 2019
According to the “Industrial Fabric Market—Forecasts from 2019 to 2024” report by ResearchAndMarkets.com, the industrial fabric market is expected to grow 4.12 percent to reach $151.561 billion by 2024, from $113.868 billion in 2018. The market is expected to grow at a steady pace owing to burgeoning use of these fabrics in automotive design to …
November 25, 2019
Rick Rush, president and founder of Rush & Co., an executive recruiting firm, will celebrate his 25th year in the recruiting industry. Rush has been recruiting in the textile and apparel industry since 1994 and has been a member of the Pinnacle Society, the nation’s premier consortium of top recruiters in the direct placement industry, …
November 22, 2019
Tuesday, December 3, 2019 | 10am ET Surplus to the ongoing operations of New Era Cap Co. Inc., this auction features hundreds of industrial sewing machines, blocking machines, dryers, button presses, (2) ATOM traveling-head die-cutting presses, maintenance equipment and tools, raw materials including hundreds of bolts of fabric in various weights and colors, feeder line, …
The Crypton Companies (Crypton LLC and Nanotex LLC) have entered into an agreement to acquire the operations of Abercrombie Textiles, a North Carolina-based textile mill. The two companies share a long working relationship and common customer base. As an innovator of performance technologies for the contract and residential markets, Crypton will propel Abercrombie into new …
November 21, 2019
Roland DGA Corporation has announced that three of its products: TrueVIS™ VG2 series printer/cutters, TR2 ink, and the Texart™ RT-640M multifunction dye-sublimation printer have won 2019 Specialty Graphic Imaging Association (SGIA) Product of the Year awards. Roland’s TrueVIS VG2 printer/cutters received top honors within the Roll-to-Roll/Solvent/Latex (under 80 inches) category, while the company’s TR2 ink …
November 20, 2019
Keyston Bros. has expanded its business with the acquisition of DLT Corporation. The strategic move will initiate growth and expansion in all product divisions of the company, and will provide same and one-day service to new areas in the upper Midwest region. Chicago and Detroit locations, in the near future, will be expanded to hold …
November 19, 2019
Levi Strauss & Co. (LS&Co.) and Hohenstein have announced a collaboration to utilize the ECO PASSPORT by OEKO-TEX® certification system in the LS&Co. supply chain. This will amplify the capabilities of the Screened Chemistry program developed by LS&Co., helping establish a clearer pathway toward safer chemistry in the apparel industry by providing enhanced levels of …
Jason Industries Inc. has completed the sale of its fiber solutions segment to Motus Integrated Technologies. The sale prices of $85 million includes up to $5 million of consideration contingent on achievement of certain performance conditions during 2019. The company expects to use the net proceeds from the sale transaction to reinvest in its remaining …
November 18, 2019
Hyosung seeks to be among the global top three producers of carbon fibers through heavy investment. The company will invest a total of 1 trillion Korean won in its carbon fibers business by 2028 to expand its production capacity from the current 2,000 metric tons per year to 24,000 metric tons. The investment will result …