Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

Textile World Photo Galleries
November/December 2015 November/December 2015

View Issue  |

Subscribe Now  |


From Farm To Fabric: The Many Faces Of Cotton - The 74th Plenary Meeting of the International Cotton Advisory Committee (ICAC)
12/06/2015 - 12/11/2015

Capstone Course On Nonwoven Product Development
12/07/2015 - 12/11/2015

2nd Morocco International Home Textiles & Homewares Fair
03/16/2016 - 03/19/2016

- more events -

- submit your event -

Printer Friendly
Full Site
Fiber World

Radici Spandex Completes Acquistion

Radici Spandex Corp., a U.S. subsidiary of the Italy-based Radici Group, has officially taken control of spandex-producing facilities formerly owned by Globe Manufacturing Corp., Fall River, Mass. The purchase was funded by new Italian shareholders with 100-percent equity. Corporate offices will remain at 456 Bedford Street, Fall River, Mass.Mr. Fabrizio Calenti, president and CEO said, We are very excited and optimistic for the future. We have been in preparation for this asset purchase for some time and have great plans to become a premier value-added spandex producer in this hemisphere and beyond. I trust our customers and other trading partners recognize that our strong equity position is a gesture of our long-term commitment to the market.He added, Our customers can expect a very high-level of interaction going forward and a continually improving product line.

May 2001