Just after we went live this afternoon with the story - US textiles industry is positively buzzing, yet another US investment good news story broke. Polymer Group Inc. (PGI), the world's largest nonwovens manufacturer, announced today that it will make a strategic investment of approximately $8 million to upgrade machinery and expand its manufacturing plant in Waynesboro, Virginia. The company will also hire up to 20 new employees.
Techtextil North America and Texprocess Americas that will be held from 13 -15 May at the Georgia World Congress Center, are proud participants of the US Department of Commerce’s International Buyer Program Select (IBP).
The IBP is a joint government-industry effort that brings thousands of international buyers to the United States for business-to-business matchmaking with US firms exhibiting at major industry trade shows. It is designed to recruit and pre-screen buyer delegations to attend selected trade shows in the United States, connecting US companies with international buyers.
This year 15 companies and their partners will receive an award for their composites innovations during a special JEC Innovation Awards ceremony at JEC Europe - Composites Show and Conferences that will take place from 11-13 March 2014.
“With over a hundred submissions from 28 countries, the success of the Innovation Awards Competition is in constant progress,” said Mrs. Frédérique Mutel, JEC Group President and CEO.
“Never have so many high-quality applications been received, making the selection a very rich and complex process. The diversity of the subjects presented by the candidates made it very difficult for the jury of composites experts to select the 15 champions of composites innovations.”
On Tuesday, Japan’s Toray Industries announced it would invest $1 billion in a new carbon fibre manufacturing facility in South Carolina. There has also been a lot of recent press coverage about the revival of the US textiles industry and the ‘Made in America’ movement.
Applied DNA Sciences, a provider of DNA-based anti-counterfeiting technology and product authentication solutions and services, has reported an 88% growth in revenue for the first fiscal quarter of 2014 compared with the same period last year.
The company’s revenues amounted to $597,354 compared with $317,670 for the fiscal quarter of 2013. The increase in revenues of $279,684 was primarily due to increases in sales to suppliers of the United States Defense Logistics Agency (DLA) and in the textile industry, the company reports.
Dr James Hayward, President, CEO and Chairman of APDN said: “Our sales pipeline and the strength of our customer base continue to grow. Our investments in R&D have provided an enviable patent estate. With a strong infrastructure in place and an experienced team of employees and management, we are delivering against stronger demands.”
Textile manufacturer Auburn Manufacturing has created its own ‘Country of Origin’ certificate in response to rising US Government and private industry requirements for proof that its textile products are made in America.
The AMI certificate attests that the products are made in the USA — from yarn to finished product — at the company's manufacturing facilities in Maine. The certificate also identifies textiles that comply with the Berry Amendment, a statutory requirement concerning Department of Defense.
“When we certify that our products are ‘Made in the USA’, we mean that not only are the products themselves assembled in the United States, but that virtually all of the components are also made in the United States,” explained Kathie Leonard, AMI president and CEO.
More than 80,000 visitors from 110 countries came to ISPO Munich that took place from 26-29 January. This year, the trade show experienced a strong increase of visitors from other nations, such as the USA and Russia.
Klaus Dittrich, Chairman of the Management of Messe München, commented: “The atmosphere at ISPO Munich 2014 was very good. All relevant statistics are extremely positive, and once again confirm our role as the international leading platform for the entire sports business.”
EDANA and INDA, the leading international trade associations for the nonwovens and engineered fabrics industries based in Europe and North America, respectively, have announced that they will harmonize their mission and vision to advance the success of their member companies.
Tennessee based Bulwark has partnered with Milliken & Company to design the iQ Series of protective clothing, featuring superior comfort properties and advanced flame resistant-technology.
Karl Mayer has announced that LIBA Maschinenfabrik GmbH, which it acquired recently, is to be renamed Karl Mayer Liba Textilmaschinenfabrik GmbH.