Santex Celebrates 20 Years In Business
Santex AG, Switzerland, recently celebrated its 20th anniversary in business. The company has spent the past 20 years developing low-shrink knitwear finishing technologies, such as the Santashrink tensionless shrinkage and relaxation drier. Today, more than 900 Santashrinks are operating globally.According to Santex, the past two decades have been a period of successful plant expansion, and company mergers and acquisitions. For example, American Santex, Spartanburg, was founded in 1986. The company acquired Jasatech AG, Switzerland, in 1989, and founded Germany-based Thermtech Heizungstechnik GmbH in 1992.