Scott

The Dalton, GA newspaper is reporting that Foss Manufacturing is purchasing a nonwovens operation owned by Beaulieu of America in Murray County GA:  Read the press release here. AKC Note:  New Hampshire based Foss expanded their Georgia operations in 2012 with a nonwovens plant in Rome, GA in addition to an existing facility they operated in [...]

AKC Note:  It had been reported last month that Sentury was considering locations in Georgia and Tennessee and according to the report they have decided on Georgia. This provides more automotive based investment that will need additional volumes of polyester tire fabric and probably nylon 66 cap ply. There have been a number of announcements of [...]

Read the press release here... AKC Note:  This will give Unifi the ability to produce their own bottle flake for supplying into the Repreve manufacturing center at Yadkinville. Repreve has been a very successful technical achievement and brand initiative for Unifi.. Alasdair Carmichael Carmichael International PO Box 3444 Spartanburg SC 29304 T: 864 583 6868 C: [...]

Read the press release here... AKC Note:  The investment is to provide increased flexibility at the Camden plant to produce solution dyed nylon (SDN) 66. It appears from the announcement that it is primarily targeted at the commercial markets, although the success of the latest "Stainmaster Pet Protect" SDN 66 for residential customers would also be [...]

Local media is reporting that Duro Textiles is closing its operation in Fall River, MA. Read the press release here... AKC Note:  Duro is one of the largest dyers, printers and finishers of fabric in the US. A large part of their business has been into military end uses and following the decline in the domestic [...]

  Read Press Release Here... At the time of the announcement we were unsure if the plant included extrusion, we thought it probably did, but were not 100% sure. On Thursday 28th an announcement was made in Japan confirming the plant would have a total capacity of 10,000 tons including nylon extrusion.                   Read Press Release Here... [...]

The Alpek group of Mexico has announced on its website that they are in an exclusivity period to purchase the Petrobras stake in the polyester complex in Pernambuco state in Brazil. The 2 main businesses are Petoquimica Suape and Citepe. The exclusivity period is an initial 60 days with the provision of an extension of a [...]

Read Press Release Here... AKC Note: The PET resin business in N. America is going through a period of change with major new capacity being built by M&G in Corpus Christi, the 2015/16 antidumping suit against PET resin from China, India, Canada and Oman, and consolidation expected. This move by DAK to acquire a controlling interest [...]

 Read Press Release Here... AKC Note: In 2014 the Canadian hosiery manufacturer Richelieu Legwear expanded an existing investment that they had in Hildebran, NC (formerly International Legwear). At the time it was stated that Richelieu was "the leading provider of leg wear products to Walmart under brand names that include Peds, MediPeds and Growing Socks". Richelieu [...]