Home Fabrics Buys The Fabric Library
MIDRAND, S.A.--Home Fabrics, a converter and distributor of up market brands has purchased The Fabric Library for an undisclosed price from Courthiel Holdings.The deal was inked the last week in July and happened very quickly, a source said.… Read more.August 3, 2011
Weave Integrates Production With American Silk
GREENWICH, CT.—Weave Textiles LLC, acquired by John Sullivan and an investor group February, 2010, is moving its production equipment from leased facilities in Denver, PA. to an expanded and updated American Silk owned factory in Plains, PA… Read more.July 28, 2011
Piovano and Radaelli Close Mills, Tissage de Kalken Acquires Etrotex
CHIERI, Italy -- Piovano-Leutenda and Radaelli have closed their mills after reports of poor management and strategy. According to industry reports, Piovano closed its mill operations in early July and receivers will liquidate Radaelli. Leandro… Read more.July 19, 2011
HTSE Opens Arms to Egypt, Brings 11 Companies to Exhibit
NEW YORK, New York -- The Home Textile Sourcing Expo is opening its arms to 11 Egyptian companies who will be exhibiting as representatives of the Egyptian Home Textile Council. The expo is scheduled to take place at the Javits Center from July… Read more.July 13, 2011
Baumann Dekor Entertains Investor Offers After Declaring Bankruptcy
GMUND, Austria -- Baumann Dekor, a division of the family-run Bruder Baumann textile business, declared bankruptcy on June 28 and hopes to reemerge without debt, according to Christine Seidl, who became managing director of the company in January."Although… Read more.June 30, 2011
Sabanci Holding Sells Shares of Polyester Subsidiary, Advansa BV to European Investor Group
HAMM, Germany -- Sabanci Holding has sold its shares of its polyester subsidiary, Advansa BV but will continue with its current operations in Europe including the polyester staple fibre production plant in Germany. The investor group that made… Read more.June 15, 2011
James Dunlop Supports Mokum’s Presence in U.S. Following Q1 Acquisition
CHRISTCHURCH, New Zealand – James Dunlop Textiles is providing the primary support for Mokum Textiles in the U.S., a company that JDT acquired in the first quarter of this year. According to Ben Moir, president of JDT, business is “back… Read more.June 14, 2011
Valley Forge Projects 2012 Business Upswing, Benefits for U.S. Mills
POMPANO BEACH, Florida — According to Ahment Sapmaz, the 40 year-old vice president of strategic global business development for Valley Forge Fabrics, the fabric business used to be about the largest producer and the smaller producer… Read more.June 14, 2011
