Baumann Dekor Entertains Investor Offers After Declaring Bankruptcy
GMUND, Austria -- Baumann Dekor, a division of the family-run Bruder Baumann textile business, declared bankruptcy on June 28 and hopes to reemerge without debt, according to Christine Seidl, who became managing director of the company in January."Although… Read more.June 30, 2011
Sabanci Holding Sells Shares of Polyester Subsidiary, Advansa BV to European Investor Group
HAMM, Germany -- Sabanci Holding has sold its shares of its polyester subsidiary, Advansa BV but will continue with its current operations in Europe including the polyester staple fibre production plant in Germany. The investor group that made… Read more.June 15, 2011
James Dunlop Supports Mokum’s Presence in U.S. Following Q1 Acquisition
CHRISTCHURCH, New Zealand – James Dunlop Textiles is providing the primary support for Mokum Textiles in the U.S., a company that JDT acquired in the first quarter of this year. According to Ben Moir, president of JDT, business is “back… Read more.June 14, 2011
Valley Forge Projects 2012 Business Upswing, Benefits for U.S. Mills
POMPANO BEACH, Florida — According to Ahment Sapmaz, the 40 year-old vice president of strategic global business development for Valley Forge Fabrics, the fabric business used to be about the largest producer and the smaller producer… Read more.June 14, 2011
MDS Announces U.S. Showrooms, Fabric Exchange Program at Showtime
ATLANTA, Georgia – MDS Fabrics, a global manufacturer and exporter of home furnishings and fabrics is opening up satellite showrooms across the U.S. over the next six months and will re-launch its fabric exchange program at Showtime. … Read more.June 14, 2011
Boca Bargoons Targets Ready-Made Population
For a company that initially made a name for itself selling yardgoods, Boca Bargoons is in a deep transition that’s highlighted by custom-ordered furniture, in-house workrooms and a possible franchising. The company is positioning itself… Read more.June 14, 2011
Premiere Finishing Closes Doors, Transitions Employees to Crypton
HICKORY, North Carolina -- Premiere Finishing Company, a finisher of woven cloth with a craft in needle punching and washing, is closing its doors without a deal in place for it to be acquired and, according to Dennis Crisp, president, is transitioning… Read more.June 13, 2011
Designtex Launches Largest Healthcare Collection, Industry-First with Agion® Cubicles
NEW YORK, NY -- The Josephine Collection, designed by Tara Rae Hill and Martiele Sineath of LittleFISH THINK TANK, demonstrates a new fashion forward way to view healthcare privacy and upholstery textiles. A number of the patterns in this… Read more.June 7, 2011
