Indonesia Hopes Textile Export Salves Economic Wounds
Recovery Depends on Political Stability and Increased Overseas Investments Jakarta, Indonesia — The economic crisis that hit Asia in 1997 caused Indonesia to hemorrhage up to $30 billion. However, five years later, as positive economic… Read more.August 14, 2002
DesignTex Embraces Home Furnishings but Stays Green
Contract Giant Narrows Focus and Highlights 'Green' Edge to Boost Sluggish Sales New York — Effective March 1, 2002, DesignTex, a major player in the commercial-only furnishings industry, changed form and took aim at new markets. Following… Read more.August 14, 2002
Bru Textiles Opens New Warehouse, Offices in Kontich Belgium
Seven-Year-Old Converter, Owned by the Neiman Brothers, Reaches $25 Million in Sales Kontich, Belgium — Since brothers Gary and Jason Neiman launched Bru Textiles (Decosit stand 9/A5-B67) in January 1995, they have built a profitable… Read more.August 13, 2002
Mascioni Hires Testa to Explore New Markets, Services, Products
Cuvio (Varese), Italy — Mascioni S.p.A., a world leader in fabric development and finishing with an annual output exceeding 120 million square meters, announced that it has created a new position specifically for developing business opportunities… Read more.August 13, 2002
Téxteis Penedo Builds Private Label Business
Guimãraes, Portugal — The Téxteis Penedo Group, known as a bedding and decorative fabric mill, is growing its business by focusing on niches, according to Xavier Leite, owner of the privately held company. The most recent niche effort… Read more.August 13, 2002
Costa Blanca Makes Big Hit for Spanish
Como, Italy — Costa Blanca Textile Industries Inc., the independent U.S. subsidiary of the Spain-based Textiles Pascual has established itself as an important fabric resource. In its fourth year, Costa Blanca is generating seven-figure… Read more.August 13, 2002
Global Textile Alliance, Mattes & Ammann Forge Partnership
Colfax, N.C. (USA) — Global Textile Alliance, Inc. announced in June that it has formed a partnership with Mattes & Ammann, a German textile producer. Mattes & Ammann, which dubs itself the oldest producer of double knit stretch jacquards,… Read more.August 13, 2002