American Textile Company named AAFA’s 2025 Company of the Year

March 18, 2025  |  Company News, News

American Textile Company (ATC) announced it has been named the 2025 American Image Awards Company of the Year by the American Apparel & Footwear Association (AAFA). The company will be presented with the award at the American Image Awards Gala on April 29 in New York City, N.Y. The award reco…
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Tariffs on steel and aluminum begin, Canada imposes reciprocal tariffs

March 13, 2025  |  Industry News, News

Twenty-five percent tariffs on steel and aluminum imports to the U.S. began March 12. In response, Canada has imposed reciprocal tariffs on various U.S. products, including a 25% tariff on steel imports. The country has also increased taxes on tools, computers and servers, sports equipment, display …
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Culp elects new member to board of directors

March 13, 2025  |  Company News, News

Culp Inc., a mattress and upholstery fabrics producer for residential and commercial furniture, announced the election of William L. Tyson to its board of directors. Tyson has over 30 years of experience across investment banking and capital markets and has served in executive leadership and strateg…
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Stein Fibers rebrands, changes name to Everra

March 12, 2025  |  Company News, News

Stein Fibers, Charlotte, N.C., has announced its rebranding and name change to Everra. This new name represents a shift for the company and reflects its ongoing commitment to sustainability, innovation and leadership in the global PET market. As Everra, the company will continue to serve as a susta…
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NCTO commends President Trump’s pause on Mexico, Canada tariffs

March 10, 2025  |  Company News, News

The National Council of Textile Organizations (NCTO), issued the following statement March 7 from NCTO president and CEO Kim Glas regarding President Donald Trump’s one-month suspension of tariffs for qualifying imports under the U.S.-Mexico-Canada Agreement (USMCA). “We sincerely thank Presiden…
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Mexico and Canada tariffs paused until April 2

March 6, 2025  |  Industry News, News

President Donald Trump announced March 6 that he would pause the 25% tariffs on U.S. imports from Mexico and Canada covered under the United States-Mexico-Canada Agreement (USMCA) until April 2. The president initially announced a delay in Mexico tariffs in a social media post after a conversation w…
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Lars Börger appointed as nova-Institute co-CEO

March 6, 2025  |  Company News, News

Lars Börger, Ph.D., has been appointed the new co-CEO of nova-Institute. Börger will serve as co-CEO alongside nova-Institute’s current CEO, Michael Carus. He officially started his role on March 1. nova-Institute has been driving the transition away from fossil resources in the chemicals, p…
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As tariffs begin, auto industry given one-month exemption

March 5, 2025  |  Industry News, News

Imports from Canada and Mexico to U.S. automakers were given a one-month exemption to new tariffs on goods from these two countries, which began March 4.
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Jennie Hermans joins Herculite’s accounting team

March 5, 2025  |  Company News, News

Herculite Products Inc., Emigsville, Pa., announced that Jennie Hermans has been hired as an assistant controller within the company’s accounting group. Hermans will oversee key financial functions in this role, including budgeting, financial reporting, audit and tax compliance, and internal c…
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MycoWorks releases new performance data for Reishi biomaterial, launches e-commerce site

March 4, 2025  |  Company News, News

MycoWorks, a biotechnology company based in Emeryville, Calif., has released the latest performance data for its mycelium-based biomaterial, Reishi™. The material has also launched commercially on its e-commerce site HERE. Through a collaborative effort between MycoWorks’ San Francisco, Cal…
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