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
Ahmet Sapmaz, Sourcing Expert weighs in on Friend Tom Hilb
POMPANO BEACH, FL--"Today, the textile world lost one of its pioneers, Tom Hilb. He was the founder of Heritage House Fabrics. Tom had a very special place in my life. He was a great father, a true friend, a mentor and a reliable supplier.… Read more.December 18, 2016
F. Schumacher’s Fifth Generation Family Owner Stephen Puschel Takes Sales Reins at Patterson, Flynn, Martin Brand
NEW YORK--Patterson, Flynn & Martin, the carpet and rug division of F. Schumacher & Co., is getting some extra help from Stephen Puschel, primary Principal of the 127 year old decorative old jobber which has always been privately held by the… Read more.December 14, 2016
Michael Harris Frankel, Dorell CEO
HIGH POINT, NC--Michael Harris Frankel, the CEO of Dorell Fabrics Co. died of unspecified causes on November 1. The news of his untimely passing spilled out during Showtime here. Everyone who knew Michael was saddened by his untimely passing.… Read more.December 7, 2016
'Duralee and Robert Allen?'
HAUPPAUGE, NY—Rumors have been circulating in New York and in Las Vegas that Duralee Fabrics Inc. and Robert Allen Inc. are in merger talks. Duralee President Martin Rosenberger says there are no discussions going on. Robert Allen President… Read more.November 30, 2016
