Safer Buys Hampton Transfer Prints
July 30, 2003
NEWARK, N.J. — Safer Textiles expects to expand its business in the home furnishings industry with the acquisition of the assets of Hampton Transfer Prints, Inc.
The latest acquisition, which Safer purchased from bankruptcy court, will be renamed Hampton Paper and Transfer Printing Inc. Hampton will remain at its current location in Johnson City, Tenn. Tammy Ross will continue to manage the acquired company as CEO and other management staff will remain in place, Safer said.
Safer had a small business in outdoor fabric printing, which it began eight years ago when it began a pigment printing operation. With the newly acquired company, Safer will be able to offer bedding customers heat transfer printing in up to 120-inch widths, said Peter Raneri, marketing manager. Safer has 600-plus employees and is looking for ways to grow its business, the company said.
"With the financial strength of the Safer Textiles Group behind this operation, (it) will emerge as a much stronger company and will be able to expand the product lines and services," Raneri said.
Safer began life as a commission knitter in the apparel trade in 1977 but has grown through acquisition of other printers, dyers and finishers. Safer produces finished dyed fabrics and prepared-for-print fabrics. The company, with sales in the $100 million range is privately held by Albert Safer.
The latest acquisition, which Safer purchased from bankruptcy court, will be renamed Hampton Paper and Transfer Printing Inc. Hampton will remain at its current location in Johnson City, Tenn. Tammy Ross will continue to manage the acquired company as CEO and other management staff will remain in place, Safer said.
Safer had a small business in outdoor fabric printing, which it began eight years ago when it began a pigment printing operation. With the newly acquired company, Safer will be able to offer bedding customers heat transfer printing in up to 120-inch widths, said Peter Raneri, marketing manager. Safer has 600-plus employees and is looking for ways to grow its business, the company said.
"With the financial strength of the Safer Textiles Group behind this operation, (it) will emerge as a much stronger company and will be able to expand the product lines and services," Raneri said.
Safer began life as a commission knitter in the apparel trade in 1977 but has grown through acquisition of other printers, dyers and finishers. Safer produces finished dyed fabrics and prepared-for-print fabrics. The company, with sales in the $100 million range is privately held by Albert Safer.