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News22 Jan 2014Unifi, a multi-national manufacturing company that produces and sells textured and other processed yarns, has revealed that it recorded a net sale decrease of $11.5 million, or 6.7%, to $160.6 million for the second quarter of the current financial year, compared to net sales of $172.1 million for the prior year quarter.
US-based nonwoven and knitted interlinings manufacturer Precision Custom Coatings LLC (PCC) has purchased, for approximately $19 million, the industrial property in Totowa, New Jersey, where it has been leasing its corporate headquarters and production facility.
News21 Jan 2014Filament yarn manufacturing sources in the US have expressed some optimism regarding 1st quarter sales potential, both for polyester and nylon. Activity generally picks up between December and January, owing to plants closing for holidays in the former month. However, the projected upturn in filament yarn business of 3.0/4.0% is greater than in recent years.
Gehring Tricot Corporation, a designer and manufacturer of warp knitted and stretch woven fabrics, is to use up to $200,000 of an Empire State Development (ESD) approved grant to purchase new machinery and equipment, and to renovate and expand its facilities.
News21 Jan 2014A memorandum of understanding, designed to expand trade and investment linkages between the US and sub-Saharan Africa in the cotton textile and apparel sectors, has been signed by The United States Agency for International Development (USAID), the American Apparel & Footwear Association (AAFA), and the African Cotton & Textile Industries Federation (ACTIF).
News21 Jan 2014A new technology that can make cotton fibres at least 5 millimetres longer could help farmers fend off increasing competition from synthetic fibres, according to Alan Pepper, an associate professor in the Texas A&M Department of Biology.
The organisers of the 26th edition of Colombiatex anticipate the show, which opens tomorrow in Medellin, will generate business opportunities worth more than US$150 million over the next three days. The event unites approximately 8,400 national and 500 international exhibitors from the textiles and fashion production chain, as well as machinery manufacturers and raw materials suppliers, over a total floor space of 9,600 sqm. More than 32,000 buyers are expected to attend the fair and knowledge pavilions from January 21-23.
Last year, Epson America entered the digital textile market with the introduction of its 64-inch SureColor F7070 and 44-inch SureColor F6070 dye-sublimation printers. Now, 12 months on, the manufacturer is introducing the SureColor F7170 to the family.