Global silk market outlook

July 10, 2020

According to Technavio’s report “Global Silk Market 2020–2024,” the silk market is poised to grow by USD 6.87 billion, progressing at a CAGR of almost 9% during the forecast period. The new report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is concentrated, …

SBA releases new PPP loan forgiveness applications

July 9, 2020

The U.S. Small Business Administration (SBA) posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act of 2020, which was signed into law by President Trump on June 5, 2020. In addition to revising the full forgiveness application, SBA also published a new EZ version of the forgiveness application …

Groupe Bellon Prestige celebrates 125th anniversary

July 8, 2020

Groupe Bellon Prestige, Montreal, Quebec, Canada, is celebrating its 125th anniversary in the shade and awning business. Established in 1895 by Joseph K. Bellon, the family business is now in its fourth generation of operation and is chaired by Carole Bellon. According to a recent press release, the company builds, stores and repairs more than …

TeCS to represent Eastman Machine Company in U.K. and Ireland

Eastman Machine Company has appointed Technical Cutting (TeCS) of Nottinghamshire to represent its line of automated cutting systems in the U.K. and Ireland. To offer local testing and education, TeCS strategically established an Eastman technical demonstration facility inside the world-renowned composites specialist Kamm Projects Ltd. in Newcastle. TeCS is a team of experienced engineers, technicians, …

PrimaLoft and Fiberpartner announce global license agreement partnership

July 7, 2020

PrimaLoft Inc. has announced a new partnership agreement with Fiberpartner, a global supplier of stapled fibers, technical yarns and plastics. The new licensing agreement will allow Fiberpartner to develop the use of Primaloft’s PrimaLoft® Bio™ technology in multiple new industries. PrimaLoft Bio is made from biodegradable, 100% recycled fibers that break down when exposed to …

Appelsies named president of MKM

July 6, 2020

Minnesota Knitting Mills (MKM), St. Paul, Minn., has named Rick Appelsies as president. Appelsies joined MKM as senior product development manager last year. His past experience includes a wide array of executive leadership and experience in the textile industry ranging from senior vice president at Red Wing Shoe Co. to various executive leadership and development …

Tennessee Webbing Products offers custom webbing sourcing services

Tennessee Webbing Products has announced its new custom webbing sourcing services. The program offers manufacturers the ability to “stock and release” premium webbing over time, buying it at a set price and having Tennessee Webbing warehouse it over the course of a year. “We are finding more and more that first-quality custom webbing is becoming …

Call for Women in Textiles Summit speakers

Industrial Fabrics Association International (IFAI) has issued a call for speakers for its Women in Textiles Summit being held March 3–5, 2021, in Braselton, Ga. The call for speakers is an opportunity for individuals and organizations to develop bold, valuable and worthwhile content attendees are eager to hear. The vision of the summit is to …

Industrial fabrics market outlook

July 2, 2020

According to the report “Industrial Fabrics—Global Market Trajectory & Analytics” by ResearchAndMarkets.com, amid the COVID-19 crisis and the looming economic recession, the industrial fabrics market worldwide will grow by a projected US$32 billion during the analysis period (2020-2027), driven by a revised compounded annual growth rate (CAGR) of 3.4%. Polyamide, one of the segments analyzed …

Milliken & Company publishes sustainability report

July 1, 2020

Milliken & Company has published its second annual corporate sustainability report. The report gives insight into Milliken’s environmental and social commitments as all global locations work to achieve aggressive sustainability goals by 2025. Using a comprehensive goal scorecard, the 2019 report shares Milliken’s first year of progress towards the company’s 2025 sustainability goals. First introduced …