TEXTILES.ORG
XFS Global LLC, a service-disabled veteran-owned manufacturer of semi-permanent engineered fabric shelters and support equipment technologies headquartered in Natural Bridge, Va., has announced its acquisition of HeyTex USA Inc., the manufacturer of Bondcote® engineered fabrics.
HeyTex USA Inc., formerly BondCote Corporation, has been renamed Bondcote Performance Textiles LLC. Established in 1949, the company is headquartered in Pulaski, Va. The company has approximately 60 employees and specializes in producing coated and laminated textiles for multiple industries, including military, roofing, environmental, agriculture, and sports and recreation.
The two companies will operate separately under the leadership of XFS Global. The acquisition, leveraged with financing provided by Lake Country Capital, is part of the XFS Global strategic growth plan and advances the company’s position as the leading provider of semi-permanent fabric structures for military and commercial customers.
“The Bondcote Performance Textiles organization has offered Berry Amendment-compliant fabrics, integral to our shelter solutions that facilitate military operations worldwide. With this acquisition, XFS Global continues to enhance our vertical integration and streamline operations to the benefit of our customers, particularly the U.S. military and Allied forces,” says Jacob Furbee, president and CEO of XFS Global.
“As both companies are strategically located in Virginia, our collaboration will create efficiencies supporting our continued process improvements and quality control initiatives and will make us even more agile and operationally efficient,” adds Paul Wilcox, vice president of business development and market growth.
About Bondcote Performance Textiles: Headquartered in Pulaski, VA, USA, Bondcote Performance Textiles manufactures performance engineered coated, laminated, and composite fabrics for military, transportation, agricultural, recreational, and athletic markets. For more information, visit .