Customers Say Lanscot-Arlen Has Closed Its Doors

NEW YORK – Industry sources and customers of Lanscot-Arlen Fabrics, Inc. said Tuesday that the textile converter has closed its New York offices. Lanscot-Arlen has made no official announcement and no one was available at its New York telephone number. Congress Financial, the Atlanta-based bank that backed Lanscot-Arlen's management team when it bought out the company two years ago also...