NCTO Announces Winner Of The 2020 Paul T. O’Day Memorial Scholarship

WASHINGTON — June 30, 2020 — The National Council of Textile Organization’s (NCTO) Fiber Council announces Lauren Biggs of Charlotte, N.C., as the recipient of the 2020 Paul T. O’Day Scholarship Award. She is the daughter of Sheila Price and Alexander Graham Biggs III, who is employed by Unifi Inc.

Biggs graduated in June with high honors from Myers Park High School. She will attend the University of South Carolina entering the program for Computer Science this fall. She is grateful to the NCTO Paul T. O’Day Scholarship Committee for choosing her as this year’s scholarship recipient stating: “Your generosity is truly humbling and greatly appreciated. Being awarded the Paul T. O’Day Scholarship will make a huge difference in my finances while I work to achieve my goal of becoming a creative problem solver, leader and innovator in the fiber industry just as Mr. O’Day was for so many years. Thank you again for this honor. I hope to one day give back to those who gave so much.”

NCTO Fiber Council Chairman David Poston, president of Palmetto Synthetics LLC, commented: “We are pleased to recognize Ms. Biggs’s record of achievements and passion for learning as we name her the 2020 recipient of our Paul T. O’Day Memorial Scholarship.  On behalf of the Fiber Council, we congratulate Ms. Biggs and wish her continued success in her academic career.”

The scholarship program was created in 2014 in honor of Paul T. O’Day who served as president of the American Fiber Manufacturers Association (AFMA) for more than three decades. The Association merged with the National Council of Textile Organizations (NCTO) in April 2018, and NCTO’s Fiber Council now administers the scholarship program.  Recipients receive a $5,000 award each year, totaling $20,000 for four years of study.  Sons or daughters of NCTO’s Fiber Council member company employees are eligible to apply.

NCTO is a Washington-based trade association that represents domestic textile manufacturers, including artificial and synthetic filament and fiber producers.

  • U.S. employment in the textile supply chain was 585,240 in 2019.
  • The value of shipments for U.S. textiles and apparel was $75.8 billion in 2019.
  • U.S. exports of fiber, textiles and apparel were $29.1 billion in 2019.
  • Capital expenditures for textile and apparel production totaled $2.5 billion in 2018, the last year for which data is available.

Posted June 30, 2020

Source: NCTO

Advantage Capital Invests $5 Million In Cady Bag, Supporting Economic Development In Rural Georgia

PEARSON, Ga. — June 29, 2020 — Advantage Capital today announced a $5 million investment in Pearson-based Cady Bag — a producer of polypropylene fabrics and bags — in connection with the Georgia Agribusiness and Rural Jobs Act (GARJA). The investment will help the company weather the economic impact of COVID-19 and its aftereffects, preserve its current jobs, and support continued business and job growth.

Cady Bag is a major employer in Atkinson County, located in southern Georgia where unemployment has more than doubled since March, largely due to the effects COVID-19 has had on the region. The company currently employs more than 100 people and has plans for steady job growth, primarily pulling from the local area.

“Cady Bag has been a part of this community for over 60 years, providing important jobs to the people who live here. This investment gives us the flexibility we need to ensure those jobs stay here,” said Doug Smith, president and CEO of Cady Bag.

Cady Bag is Advantage Capital’s sixth investment in connection with the GARJA program. Advantage Capital has now invested $20 million in small businesses across Georgia, which have helped support more than 300 full time jobs and economic growth in the state’s rural communities.

“Cady Bag is a great example of what the GARJA program aims to achieve — facilitating private investment capital into small, rural businesses. I am proud to see small businesses like this growing in our community and receiving the support they need,” said Georgia State Representative James Burchett.

The GARJA program was first passed in Georgia in 2017 and provides access to capital for small businesses such as Cady Bag. The program stimulates economic expansion in rural parts of the state that have not seen the same kind of economic prosperity urban areas have in recent years.

“I’ve been doing economic development work here in Georgia for 25 years. Access to capital has always been a struggle for rural areas of the state,” said Georgia Tech Economist Dr. Alfie Meek. “Programs like GARJA work and they have a proven track record of success in getting much needed capital to rural areas.”

Meek’s recent analysis of five companies that made investments in 33 Georgia businesses in connection with the GARJA program, found that these investments were directly responsible for the creation or retention of more than 1,000 jobs across rural Georgia.

“We have been able to achieve great results through our participation in the GARJA program, and it’s exciting to continue working with high-growth companies such as Cady Bag,” said Tim Perusek of Advantage Capital. “Each investment we make offers a customized financing solution for the company that positions it for future growth, enabling it to expand jobs in the communities where they are located.”

Posted June 29, 2020

Source: Advantage Capital

VF Corp. Announces Organizational Changes To Advance Its Asia Pacific Regional Strategy

DENVER — June 29, 2020 — VF Corp. today announced organizational changes to strengthen and accelerate the company’s business strategy in the Asia Pacific Region, while at the same time adding enhanced leadership support for its Emerging Brands platform.

With a specific focus on advancing its stated strategy of growing its business in China, VF has created the new position of president, Greater China. VF will announce the leader appointed to this position later this summer.

Establishing a leadership position responsible for Greater China, which includes Mainland China, Hong Kong SAR and Taiwan, creates an organizational structure that will enable VF and its brands to move faster and with focused agility to pursue growth opportunities in this important market. Today, Greater China represents about 65 percent of VF’s total business in the Asia Pacific Region. The company expects that percentage to grow to nearly 80 percent by fiscal year 2024.

“When we introduced our new global business strategy in 2017, we declared our commitment to invest in our APAC region and accelerate growth for our brands, all with a particular emphasis on China,” said VF’s Chairman, President and CEO Steve Rendle. “By creating the new position of President, Greater China, we’re leaning even further into the many opportunities we see to elevate our business and brands in this fast-moving, digitally-driven marketplace. We look forward to announcing our appointment later this summer.”

Kevin Bailey

Kevin Bailey, executive vice president & group president, APAC, will continue leading the company’s Asia Pacific Region, but will relocate from Hong Kong to Denver, Colo., where he will also assume leadership of the company’s Emerging Brands platform, which includes the Altra®, Eagle Creek®, JanSport® and Smartwool® brands, and the Kipling® and Icebreaker® brands in the Americas Region. Bailey will continue reporting to CEO Steve Rendle and serving on VF’s Executive Leadership Team.

“Although they’re the smaller brands by revenue in our overall portfolio, our group of Emerging Brands present considerable opportunities for growth,” said Rendle. “It’s important to remember that our global, multi-billion-dollar brands such as Vans and The North Face were once emerging brands when VF acquired them. Enabling great brands to achieve their full potential is a core competency at VF, and Kevin is the ideal person to work closely with our brand leaders to help guide these brands into the future.”

VF outlined its plans for growing its China business and its Emerging Brands during the company’s September 2019 Investor Day held in Colorado. Although certain financial projections made during Investor Day have since changed as a result of the COVID-19 pandemic, the presentations can be viewed on the Investor Relations section of the company’s website.

“Our Asia Pacific business has been a key growth driver for VF in recent years and I look forward to continuing to lead the amazing APAC teams and advancing our regional business strategy with the added leadership support of a new President of Greater China,” added Bailey. “And, I’m equally energized by the opportunity to help lead our Emerging Brands platform and collaborate with our brand leaders to pursue the significant opportunities in front of us.”

Posted June 29, 2020

Source: VF Corporation

Siren Appoints Philip Preuss As CFO To Support Next Phase Of Growth

Philip Preuss

SAN FRANCISCO — June 29, 2020 — Siren — a medical device company that has developed technology to embed microsensors within fabric, allowing for mass production of affordable, washable smart textiles with remote patient monitoring applications — announced today the appointment of Philip Preuss as CFO. Preuss brings a strong finance and cross-functional background to the Siren executive team with more than 17 years of professional experience in both the financial services and medical device industries. He will report directly to Ran Ma, the CEO and cofounder of Siren and will oversee all aspects of the finance, accounting, and business operations of the company. Siren’s first product is an FDA-registered temperature monitoring sock that connects wirelessly to a software application, allowing healthcare practitioners to detect early signs of inflammation in patients at risk of developing diabetic foot ulcers.

Preuss has developed a strong multi-disciplinary expertise in management, leading teams in vice president roles in finance, business operations, marketing, strategy, and corporate development. He spent the past 12 years at Avinger, an innovative medical device company in the vascular intervention space. As one of the first employees at seed stage, he supported fundraising activities for over $200 million in capital and played a significant part in building the finance, strategy, commercial operations, and business administration functions through commercialization and an initial public offering. Most recently, he held the vice president of marketing and business operations position, leading multiple successful product launches and several key strategic projects for the company. He has also worked in medical device corporate development at Foxhollow Technologies, and spent several years in financial services as an equity research associate, becoming an associate director at UBS.

Preuss commented: “Siren has a compelling combination of an innovative technology platform, a commercial-ready product with existing reimbursement, strong business model, excellent executive and Board leadership, and top tier investors. Most importantly, the company has developed a product that helps patients at-risk of suffering the potentially devastating complications of a severe chronic disease through early detection and prevention. I am extremely excited to join a company that will make such a positive transformational impact on patient care.”

“With Siren gaining significant commercial traction, we are making key executive hires to support substantial growth going forward,” noted Ran Ma. “We are excited to have someone with Phil’s background in the important role of chief financial officer, especially given his shared commitment to advancing patient care. Phil’s extremely well-rounded skill set, deep functional knowledge in strategy, business operations, and finance, and experience building a startup medical device company from inception to an initial public offering, really complements the existing core competencies of our leadership team.”

Posted June 29, 2020

Source: Siren Care

Aran Biomedical Teoranta Announces The Appointment Of Todd Blair To The Newly Created Role Of Vice President Sales And Business Development (U.S.)

GALWAY, Ireland — June 29, 2020 — Aran Biomedical — a partner in the design, development and manufacture of implantable medical devices — is pleased to announce the appointment of Todd Blair as vice president of sales and business development (U.S.), with effect 1st July 2020. This role has been created to meet and manage the growing demand for Aran Biomedical’s implantable biomaterial product solutions. Blair will be responsible for leading the company’s sales and business development activities in the U.S. marketplace with a primary focus on the Orthopaedic, General Surgery and Vascular fields.

Blair joins Aran Biomedical from Heraeus Medical Components where he held the role of vice president of Corporate Strategy. Blair brings to Aran Biomedical more than 20 years of experience in sales and business development within the life sciences contract manufacturing industry, with a focus on implantable materials and technologies; including Bio-Textiles, Nitinol devices and polymeric components. Blair will support Aran Biomedical’s growth plans by identifying new business opportunities and developing and growing those relationships into sustainable and long-term partnerships. In addition, Blair will support internal teams on proposal and product solution development.

“We welcome Todd to Aran Biomedical and are delighted to appoint a candidate of his calibre as vice president of sales and business development (U.S.),” said Peter Mulrooney CEO, Aran Biomedical. “The creation of this new position highlights the increasing level of interest Aran Biomedical is seeing in our implantable biomaterial products and services. It also demonstrates the importance of the US market to Aran Biomedical’s growth and expansion plans. We look forward to benefiting from Todd’s vast biomedical textile experience and contact network, to further expand our market presence, particularly for the Orthopaedics, Vascular and General Surgery fields, which are our key growth drivers.”

Posted June 29, 2020

Source: Aran Biomedical

Jörg Westphal Becomes Managing Director At BST eltromat

Jörg Westphal

BIELEFELD, Germany — June 26, 2020 — Jörg Westphal has joined the management team of BST eltromat as of June 1, 2020, taking responsibility for the fields of service, sales and marketing. The trained industrial engineer Westphal will manage the businesses of the BST Group together with Dr. Jürgen Dillmann, who has been responsible for the company’s technology field since June 1, 2018.

Westphal has many years of comprehensive experience in the management of small and medium-sized companies and their international sales organizations. Most recently, he was a member of the management team at EAE Engineering Automation Electronics GmbH in Ahrensburg near Hamburg.

On July 1, 2019, Westphal came to BST eltromat in the role manager of service. As managing director, he will also take on responsibility for sales and marketing at the Group. “Over several decades, BST eltromat has earned an outstanding reputation as a leading supplier of first-class quality assurance systems in the printing, packaging, plastics and nonwoven industries. Furthermore, with its very efficient global sales and service network, and its production sites on other continents for the markets there, it is well positioned internationally. Both of these aspects provide a solid basis for successes in other sectors with web-processing production methods, and I intend to pursue those,” said a forward-looking Westphal. “At the moment, for example, that goes for the battery industry, which holds its processes to very high standards with regard to their quality, reliability and connectedness. With our broad-based knowledge and our wide-ranging field experience, we want to become the preferred partner for the equipment makers in that sector too, in all aspects of quality assurance.”

Westphal sees growth potential for the whole group in a variety of industries. “We’re going to make use of our comprehensive practical expertise, move into other sectors through diversification, and in the process tap into new markets for the future. At the same time, we want to protect our leading position in our core markets and build on it,” announced the new managing director.

In the future, the company will put an even greater focus on the development of comprehensive solutions systematically oriented to market requirements. “In the process, we’ll bring in specific industry partners in order to round out our portfolio and generate added value for our customers,” Westphal explained. In addition, BST eltromat will make greater use of IoT- and Industry 4.0-based processes. The company is working intensively on raising its service quality further, and wants to offer customers flexible options for concluding a variety of service level agreements with the Group.

Kristian Jünke, who has managed the business of BST eltromat together will Dillmann in recent years, is leaving the group to take on other responsibilities.

Posted June 29, 2020

Source: BST eltromat

Field To Market And U.S. Cotton Trust Protocol Announce Partnership To Advance Sustainable Outcomes For Cotton

WASHINGTON — June 25, 2020 — Field to Market: The Alliance for Sustainable Agriculture and the U.S. Cotton Trust Protocol announced a new agreement today that formalizes a partnership between the two organizations to document and accelerate sustainable outcomes for U.S. cotton production. The new partnership strengthens the ability of cotton growers and the value chain to drive continuous improvement, combining two of the industry’s leading sustainability assessment frameworks.

“Field to Market is pleased to join forces with the U.S. Cotton Trust Protocol to enable the industry to meet its sustainability goals and credibly communicate results,” said Rod Snyder, president of Field to Market. “Through this collaboration, Field to Market is committed to scaling access to our sustainability tools and analytics and enabling growers and the broader cotton value chain to measure environmental outcomes while identifying opportunities for improvement.”

In a memorandum of understanding signed this week, Field to Market and the U.S. Cotton Trust Protocol have committed to:

  • Scale grower access to sustainability measurement by enabling farmers enrolled in the U.S. Cotton Trust Protocol to utilize metrics from Field to Market’s FieldprintÒ Platform, allowing growers to analyze the connection between agronomic practices and sustainability outcomes;
  • Track U.S. cotton’s sustainability journey through continued publication of Field to Market’s National Indicators Report, which will communicate progress against the industry’s established environmental targets; and
  • Foster an increased level of collaboration by participating in each other’s meetings and work sessions.

Together, Field to Market and the U.S. Cotton Trust Protocol will assess progress against the U.S. cotton industry’s established environmental targets. By 2025, the industry aims to achieve targeted reductions in soil loss, water use, greenhouse gas emissions, and energy use, alongside increased land use efficiency and soil carbon. The Trust Protocol completed a successful project pilot in 2019, and has begun fully implementing its programs in 2020, with a goal to enroll at least 500 producers by December 2020.

“Sustainability is a growing priority for the U.S. cotton value chain, from consumers, brands, retailers to textile manufacturers,” said Ken Burton, executive director of the U.S. Cotton Trust Protocol. “The U.S. Cotton Trust Protocol looks forward to collaborating with Field to Market to scale our collective sustainability impact, meet our industry targets and strengthen the sustainability of U.S. Cotton.”

Posted June 25, 2020

Source: The U.S. Cotton Trust Protocol

Ernesto Maurer Appointed President Of Cematex, The European Committee Of Textile Machinery Manufacturers

Ernesto A. Maurer

ZURICH, Switzerland — June 25, 2020 — Ernesto Maurer has been appointed as the new President of Cematex, the European Committee of Textile Machinery Manufacturers. His four-year term of office will cover three major events in the pivotal ITMA series of textile technology exhibitions scheduled for Europe and Asia.

Maurer was elected at the Cematex General Assembly, on June 12. He has been president of the Swiss Textile Machinery Association since 2015, serving during the same period as a member of the Cematex Board of Directors and its 1st vice president for the past four years.

Also elected at the General Assembly were 1st Vice-President Mikael Äremann (TMAS, Sweden) and 2nd Vice-President Charles Beauduin (Symatex, Belgium).

Cematex is the official representative body for Europe’s national textile machinery associations and has been in charge of organizing the ITMA exhibitions, since inaugural show in 1951, and subsequent editions in both Europe, Asia and China.

Over the next four years, Maurer will lead Cematex through a challenging period globally, taking in three major events. ITMA Asia + CITME will be held in Shanghai from June 12-16, 2021 — postponed from October 2020 because of Covid-19. This will be followed in 2022 by the next ITMA Asia + CITME in the same city, and then by ITMA 2023 in Milan, June 8-14.

Said Maurer: “The Post-Covid-19 period will have a tremendous impact on the textile industry of today and tomorrow. Cematex is determined to maintain its leadership role for exhibitions, carrying the ITMA brand to partners worldwide today and in the future, including a focus on increasingly-digital opportunities.”

Posted June 25, 2020

Source: CEMATEX – The European Committee Of Textile Machinery Manufacturers

Carvico Presents NORWAY: Warm, Breathable And Eco-Sustainable Performance Fabrics

Norway

CARVICO, Italy— June 25, 2020 — Carvico presents Norway, its brand new product recently added to its family of stretch, eco-sustainable performance fabrics marketed by the company headquartered in the district of Bergamo.

Made of ECONYL®, a 100-percent regenerated yarn from pre- and post-consumer waste materials such as ghost fishing nets, carpet fluff and tulle. Norway is soft and brushed and thus extremely pleasant to the touch and comfy on the skin. Its breathability and thermal insulation power make this fabric ideal for winter sportswear.

Norway ensures the right thermal Exchange between the body and the environment; also, it is fast drying and prevents moisture from staying on the skin. Moreover, its innovative anti-bacteria treatment prevents bacteria generating bad smell from spreading and causing itches.

Hyper-resistant, Norway is designed to be long lasting, pilling and abrasions resistant.

Ideal for winter sports, especially those practiced at high altitude, Norway protects the body from cold and UV rays (UPF 50+).

COMPOSITION: 84-percent recycled polyamide/16-percent EA; WIDTH cm 165; WEIGHT g / m² 220; PIECE LENGTH m 50

Posted June 25, 2020

Source: Carvico S.p.A.

PRINTING United Transitioning To A Comprehensive Online Experience In 2020

FAIRFAX, Va. — June 25, 2020 — PRINTING United, originally scheduled to take place at the Georgia World Congress Center in Atlanta on October 21-23, 2020, will now move to a powerful online experience this fall due to constraints surrounding the COVID-19 pandemic. The health and safety of all attending and involved with the show remains paramount. The decision to terminate the in-person expo comes after extensive conversations, up-to-the-minute surveys, and projections that the team has been navigating since the onset of the pandemic. Details regarding the new online event experience are forthcoming.

PRINTING United has met continuously with experts from the Georgia World Congress Center, the city of Atlanta, Johns Hopkins Center for Health Security specializing in mass gatherings, and local authorities on guidance and recommendations on best practices as related to all aspects of the event. Past attendee and exhibitor feedback highly suggested a willingness for companies to travel and participate in this year’s show up until very recently, when the state of re-opening projections and trends in COVID-19 began to shift.

“The decision to cancel this event did not come easily and we have waited as long as possible before costs and logistical implications to our exhibitors and attendees became irreversible,” says Ford Bowers, President and CEO, PRINTING United Alliance. “Many factors are unfortunately out of our control, including travel restrictions and federal, state, and local governmental regulations, as well as the potential for another spike in COVID-19 occurrences. These factors, and the attendant uncertainties around them, have made it nearly impossible to responsibly hold the event.”

PRINTING United Alliance Chief Economist Andy Paparozzi says that, according to the consensus of economists surveyed by The Wall Street Journal, they expect the American economy to grow robustly in 2021 — by its fastest pace in nearly 40 years. That will give the printing industry a big boost, flipping the mindset from cost reduction and survival to capital investment and growth.

“We have been humbled by the volume of exhibitors and partners who have wholeheartedly expressed the desire and need for PRINTING United to take place in order for their businesses to continue the progression out of this disruption, especially after such a successful PRINTING United showcase in 2019,” says Mark J. Subers, president, PRINTING United. “While we realize this is not the same as our cornerstone of being together under one roof, we feel it is the most responsible and beneficial move for all our constituents at this time. We remain committed to bringing the industry an experience like nothing anyone has previously seen before.”

Posted June 25, 2020

Source: PRINTING United Alliance

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