Joan Completes Sale of Automotive Assets
Tyngsboro, Mass. (USA) - Joan Fabrics Corporation has completed the sale of its automotive business to Collins and Aikman, according to Joan chairman Elkin McCallum. The deal was reportedly worth $165 million in cash and stock options. ''The… Read more.October 4, 2001
Lanscot Foam Backs Target Energy Crunch
HIGH POINT — Lanscot Arlen is reintroducing thermal-backed window fabrics based on current energy shortages in the U.S.A and in other parts of the globe. "We are introducing 24 new designs with 12-15 more in work," said Bob Woodcock,… Read more.October 1, 2001
Coteminas and Springs Forge Alliance
São Paulo, Brazil — Coteminas and Springs, manufacturers of home furnishing textile products based in South America and North America respectively, have formed an alliance they believe will benefit customers on both continents. Under… Read more.October 1, 2001
A.S. Creation Buys Fuggerhaus Stoffe
Augsburg/Gummersbach, Germany – On 1 September, A.S. Creation Tapeten AG, a wallpaper producer, purchased Fuggerhaus Stoffe GmbH, a high end fabric wholesaler based in Augsburg Germany. The purchase price was not disclosed. Fuggerhaus,… Read more.September 28, 2001
BFM Shifts Exhibition
London The organizers of the Summer Furniture Show have announced a new name, venue and date for its exhibition. The London Furniture Show, as it is now known, will take place in Earls Court 2 in the center of London in 2002, from 4-7 August. Read more.September 24, 2001
Antonietti Becomes Sulzer President
Winterthur, Switzerland - Following the decision to manage Sulzer Textil as an independent company within the Itema Group, Paolo Antonietti has been appointed president of Sulzer Textil. He succeeds Ulrich Bolleter, who temporarily took over… Read more.September 24, 2001
Deepa Names New COO; VP of Design and Studio Director
San Francisco, CA (USA) - Deepa Textiles announced that Howard Fishman has joined the company as president an chief operating officer. Prior to the appointment, Fishman was with BKM, a $30 million Steelcase dealership in Los Angeles, where… Read more.September 24, 2001
Brazil is Forced to Reduce Energy Consumption by 20%
Manufacturers Brace Themselves For Fallout of Government Mandate São Pãolo — The Brazilian energy crisis has prompted the country's government to stipulate an across-the-board reduction of energy consumption. It is hoped the mandate… Read more.September 24, 2001
