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Culp announces financial results for second quarter of FY25
January 13th, 2025
Culp Inc., based in High Point, N.C., and its consolidated subsidiaries reported financial and operating results for the second quarter of fiscal year (FY) 2025. FY25 second quarter financial highlights Consolidated net sales of $55.7 million Mattress fabrics segment sales up 7.1% sequentially 70.7% sequential reduction in mattress fabrics operating loss as reconstruction progresses; the […]
Heytex acquisition by Freudenberg approved
January 10th, 2025
Antitrust authorities in Germany, Austria and Poland have approved the acquisition of the core business of Heytex by Freudenberg Performance Materials, the parent company of Mehler Texnologies. Three Heytex production locations in Germany and China and all headquarter-related functions will now become part of the newly-formed Coated Technical Textiles division of Freudenberg Performance Materials. The […]
WTiN announces Innovate Textile Awards 2024 shortlist
January 8th, 2025
World Textile Information Network (WTiN) has announced the shortlisted companies for the Innovate Textile Awards 2024, a virtual event recognizing excellence and leadership in innovation across the textile and apparel industry. The Innovate Textile Awards showcase outstanding achievements in five key categories: Material Innovation, Product Innovation, Manufacturing & Supply Chain Innovation, Sustainability and Changemakers. This […]
Recover opens new manufacturing facility in Vietnam
January 7th, 2025
Recover™, a global producer of recycled cotton fiber and cotton fiber blends headquartered in Madrid, Spain, announced the opening of a new manufacturing facility in Vietnam. Opening this facility is part of the company’s global expansion plan, and it is set to be operational by early 2025. Situated in the Dong Nai province, the factory's […]
Universal Fibers strengthens investments in solution-dyed nylon and nylon 6,6
January 6th, 2025
Universal Fibers®, a synthetic solution-dyed fiber manufacturer based in Bristol, Va., has announced its continued investments in solution-dyed nylon and nylon 6,6 yarn offerings in response to Ascend exiting the BCF fiber business. These investments in solution-dyed nylon and nylon 6,6 will position the company to support transitioning customers with a comprehensive product lineup. "Universal […]
Milliken & Company releases non-PFAS materials for every layer of firefighter gear
January 3rd, 2025
Milliken & Company, a global flooring, textiles, chemicals and health care products manufacturer based in Spartanburg, S.C., announced that it is the first textile manufacturer to offer non-PFAS materials for all three layers of firefighter turnout gear, including the outer shell, thermal liner and moisture barrier. Access to all three layers from a single U.S.-based supplier […]
Cocona Labs Establishes Wholly Foreign-Owned Enterprise in India
January 2nd, 2025
Cocona Labs, creator of 37.5® Technology, announced that it has established a Wholly Foreign-Owned Enterprise (WFOE) in Gurugram, India, expanding its presence in the country's market. 37.5 Technology is based in Boulder, Colo., and makes sustainable temperature-regulating fabrics and materials used in performance clothing, footwear, bedding and home goods. “Cocona has been investing heavily in […]
Cocona Labs establishes Wholly Foreign-Owned Enterprise in India
January 2nd, 2025
Cocona Labs, creator of 37.5® Technology, announced that it has established a Wholly Foreign-Owned Enterprise (WFOE) in Gurugram, India, expanding its presence in the country's market. 37.5 Technology is based in Boulder, Colo., and makes sustainable temperature-regulating fabrics and materials used in performance clothing, footwear, bedding and home goods. “Cocona has been investing heavily in […]