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

Textile World Photo Galleries
May/June 2015 May/June 2015

View Issue  |

Subscribe Now  |

Events

3-D Fabrics - 6th World Conference on 3-D Fabrics and Their Applications
05/26/2015 - 05/28/2015

Techtextil North America 2015
06/02/2015 - 06/04/2015

JEC Americas Composites Show & Conferences
06/02/2015 - 06/04/2015

- more events -

- submit your event -

Printer Friendly
Full Site
Textile News

PGI In Restructuring Negotiations

PGI In Restructuring NegoationsPolymer Group Inc. (PGI), North Charleston, S.C., has announced it is in negotiations with a third party. The negotiations could lead to financial restructuring. Exact terms are still under discussion, but they will probably include a reduction in outstanding debt in exchange for the issuance of a substantial amount of new equity.PGI also announced it continues to have substantial liquidity, with approximately $50 million in cash and short-term investments available to fund its operations.March 2002




Advertisement