Flokser Buys Microfibers Assets from Bankruptcy Court
WINSTON SALEM, NC—Effective, February 9, The Bankruptcy Court has approved the sale of Microfibers Inc. assets in Pawtucket, Rhode Island and in Winston Salem to Flokser Textile in Istanbul, Turkey. Flokser is one of the major producers of… Read more.February 9, 2017
Folia, P/K Lifestyles Merge
NEW YORK—Folia, the freestanding division of P/Kaufmann Inc. which holds the license to distribute Ralph Lauren decorative fabrics has been merged into P/K Lifestyles. P/K Lifestyles also sells Waverly branded products to the retail trade.… Read more.February 9, 2017
Maxwell Names Drummond Design Director
VANCOUVER, CA—Zoe Drummond has been named Design Director of Maxwell Fabrics and Telafina brands, a wholesaler here. Maxwell is a Vancouver based fabric wholesaler with business also in the USA. Drummond replaces Jennifer Ames Apple,… Read more.January 20, 2017
Calera Buys Carnegie Major Stake; Existing Management Continues
ROCKVILLE CENTER, NY--Carnegie has finalized an agreement to sell a majority interest in the company to a financial partner named Calera Capital based in Boston, MA. The purchase price was not disclosed. Cliff Goldman, Carnegie second generation… Read more.January 16, 2017
Morris Jackson/Fairfield Mills Closes
LANCASHIRE, UK—Morris Jackson/Fairfield Mills has closed its doors here as a converter of decorative fabrics according to Michael Joseph, one of the three principals. The 60 plus year old company may continue to do business in some form and… Read more.January 5, 2017
Scalamandre, Old World Weavers Expected to Merge Operations
NEW YORK—Strong reports place Chad Stark as President of a soon to be merged operation that includes Old World Weavers Fabric division of Stark Carpets and Scalamandre Fabric brands. Chad is also Senior Vice President of Stark and the President… Read more.December 20, 2016
Thomas W. Hilb, Heritage House Founder Passes On
CORNELIUS, NC—Thomas Werner Hilb, 66, a well-liked veteran textile entrepreneur with 40 years in the business, finally succombed to cancer December 17, after battling the illness for several years. He was born in Cincinatti, OH January… Read more.December 18, 2016
