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Textile News

Liz Claiborne Inc Announces 2-for-1 Stock Split
December 1, 2001

Springs To Merge Chester Plants
December 1, 2001

On Display In Asia
December 1, 2001

Malone Receives Milliken Medal Of Quality Award From South Carolina Quality Forum
December 1, 2001

Nano-Tex Expands Technology Internationally
GREENSBORO, N.C., Nov. 5 /PRNewswire/ -- Nano-Tex, LLC has expanded theapplication of its technology internationally with the licensing of MartelliLavorazioni Tessili S.p.A, one of the world's largest laundry and garmentfinishers, and Dominican Knits, a leading producer of knit fabrics andgarments. The company has also entered into its first agreements with agentsto promote licensing arrangements in the European and Japanese markets. Marking the first application of Nano-Tex's patented technology to sewngarments rather than fabric, Martelli, based in Italy, will utilize the NANO-PEL(TM) technology for use on cotton and cotton blend apparel treated andfinished in Europe for distribution to branded customers worldwide. Denimapparel will be the first product enhanced with the NANO-PEL technology withplans for other products in the future. Dominican Knits, based in the Dominican Republic and part of the Grupo Mcompanie
October 31, 2001

Carlos Moore Speaks To Atlanta Textile Club
October 31, 2001

Berkshire Hathaway To Acquire Fruit Of The Loom39 S Apparel Business
CHICAGO and OMAHA, Neb., Nov. 1 /PRNewswire/ -- Fruit of the Loom, Ltd.(OTC Bulletin Board: FTLAQ), Fruit of the Loom, Inc. (collectively the"Company") and Berkshire Hathaway Inc. (BRK.A, BRK.B) announced that they andcertain of their respective subsidiaries have executed a definitive agreementtoday (the "Purchase Agreement") for New FOL Inc., a Berkshire subsidiary, toacquire substantially all of the Company's basic apparel business operationsat a purchase price of $835 million in cash, subject to adjustments. Thepurchase price is subject to significant reduction for certain liabilities aswell as adjustment upward or downward depending on working capital levels.New FOL will assume the ordinary course post-petition liabilities and certainspecified pre-petition liabilities of the business. Warren E. Buffett, Chairman of Berkshire Hathaway, said, "We've agreed tobuy Fruit of the Loom for two major reasons: the strength
October 31, 2001

India Aims At Global Role In Textiles
October 31, 2001

Rolling Out The Red Carpet
October 31, 2001

New Book Highlights Cotton Fibers Impact On U S Economy
October 31, 2001