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

Textile World Photo Galleries
July/August 2015

View Issue  |

Subscribe Now  |

Events

2015 Intertextile Shanghai Home Textiles - Autumn Edition
08/26/2015 - 08/28/2015

Irantex, The 21st International Exhibition of Textile Machinery, Raw Materials, Home Textiles, Embroidery Machines & Textile Products
09/04/2015 - 09/07/2015

Hightex 2015 - 6th International Technical Textiles and Nonwovens Trade Fair
09/11/2015 - 09/13/2015

- more events -

- submit your event -

Printer Friendly
Full Site
Textile News

Indian Textile Firm Acquires Dan River

India-based soda ash and textiles producer Gujarat Heavy Chemicals Ltd. (GHCL) has acquired 90-percent ownership in Danville, Va.-based home textiles and apparel fabrics maker Dan River Inc.

Calvin Barnhardt, vice president, human relations, Dan River, declined to provide details of the transaction. However, he said, "We see a number of synergies that will allow Dan River to become more prominent in the US home textile market and also to expand into the global market."

"We are working with GHCL to develop a plan that will allow Dan River to answer our employees concerns over the possible impacts of this transaction," Barnhardt added.

January/February 2006




Advertisement