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Textile News

ITG Finalizes BST Acquisition
International Textile Group Inc. (ITG), Greensboro, N.C., has completed its acquisition of Germany-based BST Safety Textiles from an affiliate of New York City-based WL Ross & Co. LLC. BST will merge with ITG's Safety Components business and operate as part of the company's Automotive Safety business unit.
April 3, 2007

Monforts Contributes To Parent Company's Success In 2006
L. Possehl & Co. mbh, Germany, has released its 2006 year-end results, and reports that Germany-based A. Monforts Textilmaschinen GmbH & Co. KG, which Possehl acquired in April 2006, played a major role in its success.
April 3, 2007

United States And Korea Reach FTA
By James A. Morrissey, Washington Correspondent
April 3, 2007

VF Completes Sale Of Intimates Business To Fruit Of The Loom
April 1, 2007

Gildan To Complete Offshore Manufacturing Consolidations
Montreal-based branded basic apparel manufacturer Gildan Activewear Inc. announced plans to shutter its two remaining textile facilities in Montreal and its Bombay, N.Y.-based cutting facility during the fourth quarter of fiscal 2007, which ends September 30. In addition, the company is closing two Mexico-based sewing facilities that receive fabric from its Canadian operations, effective immediately.
March 28, 2007

DuPont Receives Award For Sorona® Program
DuPont, Wilmington, Del., has received an Industrial Biotechnology Leadership Award from the North Carolina Biotechnology Center, Research Triangle Park, North Carolina.
March 28, 2007

Renfro To Shutter Mount Airy Riverside Plant
Renfro Corp., a Mount Airy, N.C.-based manufacturer and distributor of socks, announced it will shut down production at its Mount Airy Riverside Manufacturing plant as of May 13, 2007.
March 28, 2007

TRA HTE Team To Promote Silpure® Technology
March 28, 2007

Jockey International To Shut Down Operations In Jamaica, Georgia
March 28, 2007

Wellman To Raise Fortrel Fiber Prices
March 20, 2007