TEXTILES.ORG
J.H. Whitney Capital Partners acquires Cooley Group
January 5th, 2021
Cooley Group has announced that J.H. Whitney Capital Partners (“Whitney”), in collaboration with Cooley’s executive leadership team, has acquired Cooley Group from its long-time owners, the Siener family. Whitney is a leader in the private equity industry. Since its founding in 1946, it has invested in more than 400 companies and currently manages approximately $1 […]
Sigmatex Carbon Textile Solutions announces new headquarters
December 28th, 2020
Sigmatex Carbon Textile Solutions Inc., a manufacturer of carbon fiber textiles, has announced plans to expand operations in Orangeburg County, S.C. The more than $4.5 million investment will create 50 new jobs. Founded in 1986, Sigmatex develops and manufactures carbon fiber textiles for composite material applications. The company works with clients from a diverse range […]
Fitesa Simpsonville expands operations
December 23rd, 2020
Fitesa Simpsonville Inc., an innovator in the design and manufacturing of nonwoven fabric solutions, has announced plans to expand operations in Greenville County, S.C. The $100 million investment will create 40 new jobs over the next five years. The expansion is expected to be completed by 2023. Individuals interested in joining the Fitesa team should […]
Glen Raven Custom Fabrics announces multiphase expansion plan
December 21st, 2020
Glen Raven Custom Fabrics, Burlington, N.C., has announced the latest milestones in a multiphase global expansion plan, representing a $65 million investment to create additional capacity and support sustainability initiatives, according to a company press release. The first phase, initiated at the end of 2019, includes new and upgraded equipment to support the continuing growth […]
Seaman Corporation and V Technical Textiles partner on innovation
December 21st, 2020
Seaman Corporation and V Technical Textiles (VTT) have announced an innovative product partnership born from the focus of both companies to successfully drive groundbreaking new technology and applications. A new, highly durable RF-shielded solution will offer an advanced line of ruggedized coatings available for industrial and commercial needs. “In keeping with our mission of continued […]
Kelheim Fibres nominated for award
December 18th, 2020
Kelheim Fibres has been named as one of the finalists for the “Cellulose Fibre Innovation of the Year 2021” award to be presented at the 2nd International Conference on Cellulose Fibres. With its plant-based and biodegradable fibers, the Germany-based viscose specialty fibers manufacturer presents a significant contribution to a plastic-free future for AHP (absorbent hygiene […]
Kraig Biocraft Laboratories secures bridge funding
December 17th, 2020
Kraig Biocraft Laboratories Inc. has secured $950,000 in bridge financing and simultaneously filed with the SEC to become a mandatory, fully reporting company. The company recently filed a Form 8-A to become a fully reporting issuer. “While being a voluntary filer, Kraig has been committed to meeting all SEC filing and reporting standards. Our election […]
Andritz will acquire Laroche
December 11th, 2020
International technology Group Andritz has signed an agreement with Laroche, based in Cours, France, to acquire LM Industries comprising Laroche SA and Miltec SA, France. Andrtiz will take over all Laroche entities and itsbusiness worldwide. Closing of the transaction, which is subject to approval by the Andrtiz supervisory board, is expected at the beginning of […]
CDP honors Lenzing for environmental transparency
December 10th, 2020
The Lenzing Group has been recognized by the global environmental non-profit CDP, securing a place on its prestigious ‘A List’ for tackling climate change and acting to protect forests. CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. This year, more than 5,800 companies were scored […]
Manchester Mills and Microban partner to create healthcare textiles
December 8th, 2020
Microban International, a leader in antimicrobial technologies, and Manchester Mills, a textile producer, have announced an exclusive partnership to provide antimicrobial treated textiles to healthcare facilities. The products will be sold directly and exclusively to the healthcare industry via Manchester Mills and its distributor network. Key offerings of the Protect360° product line include mattress encasements and pillow protectors […]