AmorSui Announces $3.5M Seed Funding To Revolutionize Sustainable Medical Supplies

NEW YORK CITY — August 8, 2024 — AmorSui, a modern personal protective equipment (PPE) brand dedicated to protecting people and the planet, announced today that it has raised $3.5 million in seed funding. AmorSui’s mission is to make PPE more sustainable, inclusive, and affordable over time, setting a new benchmark of quality in the medical supply sector. Investors include Gold House Ventures, The MBA Fund, and The Rev Up Fund to name a few.

AmorSui was founded by Ph.D. chemist Beau Wangtrakuldee following a chemical-spill accident where her PPE did not protect her. Her mission became designing better PPE with the wearer’s interest at heart to protect others from what she had experienced. While the company began with the goal of improving workplace safety through sustainable PPE it has grown to tackle the large carbon footprint associated with medical supplies. AmorSui achieves this by creating products that can be reused and are 100-percent recyclable at the end of their life.

“We are redefining what it means to be sustainable in the medical supply industry. With this funding, we are poised to not just meet the demand for safer and more eco-friendly products but also to lead the charge in transforming how the industry thinks about circularity,” said Dr .Wangtrakuldee.

The seed funding will be used to accelerate product innovation, expand market presence, and develop an AI-integrated net-zero medical supply marketplace. The company plans to increase brand awareness through community initiatives and retail partnerships. Additionally, AmorSui will expand its enterprise sales team to meet the rising demand for sustainable medical supplies in the corporate sector.

“Gold House Ventures originally met Beau through our in-house startup incubator and are proud to be one of AmorSui’s earliest investors. We are thrilled to re-up our investment in this round to help scale their approach to distributing sustainable and safe PPE,” said Megan Ruan, general partner at Gold House Ventures. “AmorSui’s marketplace model, which connects hospitals, labs, and governments with high-quality, eco-friendly protective products, represents a significant leap forward in both efficiency and environmental stewardship and fills an important gap in today’s healthcare landscape.”

The medical supply industry is heavily reliant on disposable products and faces growing scrutiny and demand for sustainable alternatives. AmorSui is poised to lead this transformation. The company’s innovative approach and dedication to the environment offer a progressive path forward, ensuring both people and the planet are protected.

To learn more about AmorSui and its mission to revolutionize the medical supply industry, visit https://amorsui.com/

Posted: August 13, 2024

Source: AmorSui

Global Textile And Fashion Industry Comes To Silk Road For Conference In Uzbekistan

SAMARKAND, Uzbekistan — August 13, 2024 —September 8-10, 2024, Samarkand, Uzbekistan, will host a joint conference of two major international textile federations: the International Textile Manufacturers Federation (ITMF) Annual Conference and the International Apparel Federation (IAF) World Fashion Convention. The event, titled “Innovation, Cooperation & Regulation – Drivers of the Textile & Apparel Industry,” will focus on the key factors shaping the future of the industry, and is the first time the two federations have held their conference jointly.

The conference, which will officially open on September 7 with the ITMF board meeting, will gather more than 500 high-level representatives from international organizations, textile companies, brands, financial institutions, and retailers to discuss and address issues critical to the continued development and sustainability of the global textile and apparel industry.

Participants will hear from the President of the American Apparel & Footwear Association (AAFA) Stephen Lamar, general director of the European Apparel and Textile Confederation (EURATEX) Dirk Vantyghem and representatives of numerous industry leaders, including Cotton Analytics (USA) and Indorama Corp. (Singapore). Participants will discuss topics including artificial intelligence, regulation, digitalization, ESG and supply chains.

Additionally, the conference will feature the ITMF Awards Session, where the winners of the ITMF Innovation & Sustainability Award 2024 and the ITMF International Cooperation Award 2024 will be announced.

This landmark event, organized in cooperation with Uzbekistan Textile and Garment Industry Association (Uztextileprom), marks a significant milestone for Uzbekistan, the historic center of the ‘Silk Road’. Last year, the country’s textile industry exported around $3.5 billion to more than 75 countries and is seeing significant growth today. By the end of 2026, the plan is to increase the amount of exports to $6.5 billion. This event affirms Uzbekistan’s growing role in the global textile supply chain and underscores the importance of international cooperation and dialogue in driving the industry’s future.

Registration for the event is now open online. To register and find additional information, please visit https://www.itmf-iaf-conference-2024-samarkand.org/ .

Posted: August 13, 2024

Source: Uzbekistan Textile and Garment Industry Association

Benninger’s Fabricmaster: The Sustainable Way Of Discontinuous Dyeing

UZWIL, Switzerland — August 13, 2024 — The Switzerland-based company Benninger, renowned for its innovative textile machinery, has introduced its latest marvel, the FabricMaster, to the Indian market. This soft flow machine is already making waves globally, with installations in Europe, the United States, Peru, Central America and Bangladesh. Now, it is set to transform the Indian textile industry, with production taking place at Benninger’s High Tech Fabrication facility in Pune.

Benninger FabricMaster – ready to be delivered to Amarnath Dyeing And Bleaching Works

The first FabricMaster in India has been operational for a year at Amarnath Dyeing And Bleaching Works Pvt. Ltd. The machine’s outstanding performance has led Amarnath to order a second unit, underscoring their complete satisfaction with its capabilities. This second machine is now ready to leave the Benninger Works in Pune, marking another milestone in the FabricMaster’s journey.

“This innovative technology transforms our production capabilities, setting new benchmarks in the industry. Our new machines will help us reach our goal of becoming the leader in quality fabric processing while caring about ecology. The machines will help us do so by enhancing our efficiency, reducing waste, and minimizing our environmental impact. This investment not only underscores our commitment to excellence but also to sustainable practices that benefit both our customers and the planet”, said Sudarshan Chandak, director at Amarnath Dyeing And Bleaching Works.

Excellent dyeing performance

The FabricMaster is designed to handle the most challenging dyeing tasks with ease. It excels in dyeing difficult lycra blends of cotton, rayon, nylon, and modal fabrics in open width form, without any rope marks or edge curling.

The FabricMaster ensures optimal dye penetration and color consistency achieving uniform fabric handling during the dyeing process. This is ensured thanks to the FabricMaster’s nozzle which can be precisely adjusted based on the weight of the fabric being dyed. Lightweight fabrics benefit from low liquor volume, while heavier fabrics are treated with increased flow. Furthermore, the internal fabric plaiter operates at varying speeds, accommodating different fabric types. Moreover, its automated add tank ensures accurate chemical addition simplifying chemical dosing and mixing.

Key factors are minimal consumption of water, steam, chemicals and dyestuff, to ensure right-first-time results with lowest waste. The FabricMaster boasts an optimized chamber design, resulting in the lowest liquor ratio among water-driven piece dyeing machines. The carbon footprint of the FabricMaster is designed to be the future industry benchmark for sustainability.

Why FabricMaster also stands out

FabricMaster – fast, versatile, and economic jet dyeing machine

The FabricMaster’s self-cleaning lint filter keeps the system running smoothly to enhance productivity. It monitors lint accumulation and automatically cleans itself, minimizing downtime and maintenance hassles. Furthermore, the FabricMaster’s high-capacity heat exchanger accelerates heating gradients, reducing cycle times.

After dyeing, unloading the fabric swiftly is crucial. The FabricMaster features a frequency-controlled unloading winch, ensuring efficient fabric removal without compromising quality. The fabric lift from the chamber to the reel is less than half that of competitors’ machines, improving fabric transport.

The FabricMaster is a testament to Benninger’s commitment to innovation and quality. As it continues to gain traction in the Indian market, it promises to revolutionize fabric dyeing processes, setting new standards for efficiency, quality and precision to textile dyeing processes.

Posted: August 13, 2024

Source: Benninger India Private Limited

Stäubli Textile In Tashkent: The Central Asian International Textile Machinery Exhibition – CAITME 2024

PFÄFFIKON, Switzerland — July 30, 2024 — One year after an exceptional iteration of ITMA 2023, during which we had the honor of welcoming the President of the Democratic Republic of Uzbekistan, Stäubli, is pleased to share with you our product range at CAITME in Tashkent from 11-14 September, at booth  F44-2 in the pavilion 4.

Stäubli’s cutting-edge weaving technology is invaluable to many industries, including fashion, home textiles, flooring, automotive, safety & protection, and manufacturing. Stäubli has been developing and producing high-quality systems for the weaving industry for over a century and holds a strong market position in textile machinery, a position earned through the continual pursuit of customer satisfaction.

Carpet weavers will discover about the extremely flexible ALPHA 580 UNIVERSAL carpet weaving machine, which enables carpet weavers to swiftly react to changing customer demands and market needs.

Visitors will discover how automated weaving preparation can optimize their overall process with:

  • Smooth weaving start-up thanks to the TIEPRO warp tying machine offering easy use and ensuring perfectly tied warps.
  • with SAFIR PRO automatic drawing-in machines, equipped with state-of-the-art AWC 2.0 technology, interpreting measured data through image processing and data analytics, using advanced algorithms and software and high-performance processors. AWC 2.0 gives mills expanded capabilities to produce innovative, outstanding, and unique designs.

Learn more about Stäubli’s renowned shedding solutions – including cam motions, dobbies, and the  Jacquard machine PRO series, featuring:

  • Dobby and cam motion ranges for high-speed operations. Our dobby ranges, combined with the new e32g transmission, are a must-have for frame-weaving mills that demand maximum productivity. The S3200 dobby machines feature a fully integrated cooling system with optimized and regulated thermal control, enhanced temperature management, a new lubrication system, and the capacity to handle heavier loads.
  • The Jacquard machines from our PRO range features the innovative MX PRO module, controlled by NOEMI electronics architecture and the TC8 controller. This energy-efficient Jacquard installation promises weavers outstanding reliability and ease of use.

Finally, thanks to continual and focused research, Stäubli is in the position today to offer weaving machines for all types of technical textiles, especially heavy industrial textiles and reinforcement fabrics for lightweight applications.

Posted: August 12, 2024

Source: Stäubli Group

VDMA Members To Participate In The Central Asian International Textile Machinery Exhibition – CAITME 2024

FRANKFURT, Germany — August 12, 2024 — CAITME, taking place from September 11-14, in Tashkent, Uzbekistan, will see a strong participation of VDMA member companies. About 25 VDMA members will take part in the event. Among the numerous VDMA companies present at the trade fair with their own booth or through agents, 13 companies will be exhibiting in the area of the official German Pavilion, organized by the German Federal Ministry for Economic Affairs and Climate Action and initiated by VDMA:

  • Brückner Textile Technologies
  • Erbatech
  • Georg Sahm
  • Groz-Beckert
  • Heusch
  • KARL MAYER STOLL Textilmaschinenfabrik
  • KURIS Spezialmaschinen
  • Lindauer DORNIER
  • Oerlikon Textile
  • Stäubli Bayreuth
  • STC Spinnzwirn
  • THIES
  • Xetma Vollenweider

At CAITME, VDMA member companies will showcase the most advanced technology for the textile sector. The exhibiting companies are at the forefront, especially in sustainability and digitisation of production processes.

With exports of textile machinery and accessories worth 85 million euros in 2023, Germany was once again the second biggest supplier to the Uzbek textile sector, surpassed only by China. Uzbekistan is one of the largest producers and exporters of cotton. In the cotton sector, Uzbekistan already has a fully integrated production chain. Almost the entire cotton fibre is spun in the country. The Uzbek government has pushed ahead with extensive economic reforms in recent years. The textile industry is one of the top investment sectors in the manufacturing industry. Besides cotton spinning, the textile sector is enlarging its capacities in the downstream production steps of the textile chain, such as fabric making, finishing and dyeing.

Dr. Harald Weber, managing director of the VDMA Textile Machinery Association, stated: “To compete globally in the textile industry, companies must prioritize technology updates. CAITME is a perfect platform to intensify the collaboration between our industry and the Uzbek textile sector and to set up new contacts.”

The German Pavilion will be located in Pavilion 4 of the Uzexpocentre in Tashkent. For more information, please check: https://caitme.german-pavilion.com/

Posted: August 12, 2024

Source: VDMA – German Textile Machinery Association

Rocket Lab Begins Installation Of Large Carbon Composite Rocket-Building Machine

LONG BEACH, Calif. — August 8, 2024 — Rocket Lab USA Inc., a global supplier of launch services and space systems, today announced it has begun installation of the largest automated fiber placement (AFP) machine of its kind into the Company’s Neutron rocket production line in Middle River, Md. The AFP machine will enable Rocket Lab to automate production of the largest carbon composite rocket structures in history.

Rocket Lab’s automated fiber placement machine which will build large composite structures for the Neutron rocket. Photo – Business Wire

The custom-built 99 ton (90 metric tons), 39 ft tall (12-meter) robotic machine, American-made by Electroimpact in Washington, has just completed final acceptance testing with the manufacturer and installation has begun at Rocket Lab’s Space Structures Complex in Middle River, Md. The new machine will automate the production of all large composite structures of the Neutron launch vehicle including the panels that make up the 91 ft (28 meter) length interstage and fairing, 22.9 ft (7 meter) diameter first stage, and the 16.4 ft (5 meter) diameter second stage tank.

The autonomous machine can move up to 98 ft (30 meters) in length and lay down continuous carbon fiber composite at a rate of 328 ft (100 meters) per minute. The AFP machine also has a fully automated real-time inspection system that hunts for miniscule defects throughout the laminated carbon composite and alerts the machine operator of any issues before the machine begins laying down the next layer, providing additional assurance that these critical structures of the launch vehicle meet Rocket Lab’s high-quality standards required for reusable Neutron launches.

As Neutron’s carbon composite structures move into full-scale production, this autonomous machine is expected to introduce significant time-savings of 150,000+ manufacturing hours into the production process.

Rocket Lab founder and CEO, Sir Peter Beck, said: “As we build the world’s largest carbon composite rocket, it makes sense that we require a world-first carbon composite fiber placement machine. We’re combining our proprietary flight-proven carbon composite technology, additive manufacturing, and autonomous robotics to design and build large-scale aerospace components at a pace that will support not only Neutron’s launch cadence, but support Electron and carbon composites structures for our spacecraft customers too. We worked closely with our excellent partners at Electroimpact to create this robot and we’re thrilled with the results. It’s an innovative machine producing a next-generation rocket from one of the birthplaces of the aerospace industry in Baltimore, and we can’t wait to see its first carbon composite printed panels come off the production line soon.”

The AFP machine will also be leveraged to print smaller carbon composite Neutron structures, first stages of Rocket Lab’s Electron launch vehicle, and other flight-proven carbon composite structures for space including spacecraft structural panels and assemblies, solar panel substrates, carbon composite tanks and primary structures, and custom projects for the aerospace industry.

Posted: August 12, 2024

Source: Rocket Lab USA, Inc.

Eco-Innovation In Textiles: Lindström Sustainability Report Sets New Industry Benchmarks

NEW DELHI — August 12, 2024 — Lindström India, a 100 percent subsidiary of the Finnish Lindström Oy, a global textile rental company offering workwear and cleanroom services in India, has announced the key highlights from its comprehensive Sustainability Report 2023. This detailed report outlines innovative strategies and practices that significantly reduce environmental impact while promoting circular economy principles in textile production and management.

The report addresses critical environmental challenges and proposes innovative solutions to reduce the ecological footprint of textile manufacturing. Key highlights include optimizing water and energy use, minimizing waste through recycling and reuse, sourcing raw materials responsibly, and introducing cutting-edge technologies to support sustainable practices.

Key Highlights of the Report:

  1. Circular Economy in Action: Lindström India has successfully avoided millions of kilograms of unnecessary textile production through its robust repair and reuse programs. Demonstrating a tangible commitment to sustainability, Lindström at the Group level repaired 4.5 million pieces of workwear and 4.8 million pieces of  textiles.
  2. On-Demand Production: The report showcases Lindström’s unique Prodem facilities, located in Navi Mumbai, which serve the whole country. In 2023, these facilities produced 237,086 pieces on demand. This customer-driven textile manufacturing practice minimizes overproduction, reduces waste, and improves cost efficiency.
  3. Resource Conservation: Lindström has optimized water and energy use in its laundries, as well as customer delivery routes, significantly reducing its environmental footprint. The company recycles water and utilises heat from wastewater in its washing processes.
  4. End-of-Life Solutions: The report details Lindström’s efforts in recycling end-of-life textiles into new products or raw materials, further closing the loop in textile production. In India, 100 percent of textile waste is recycled, showcasing the country’s commitment to sustainability.
  5. Impressive Statistics:
    • 44 percent reduction in emissions achieved by doubling the wear time of garments.
    • 2.2 kg CO2 avoided per person annually by using reusable garments.
    • 9 months longer lifespan of textiles equals 20-30 percent smaller environmental impact.
    • 67 percent fewer garments needed when using reusable options compared to non-reusable, customized garments.
  6. Future Goals: While the group has set an ambitious target of including 30% recycled or bio-based fibers in new products by 2025, it is important to note that this target is mostly achieved through recycled fibers in mats and cotton towel rolls. Lindström India is aligned with these sustainability goals and is exploring ways to incorporate similar targets in its operations.

“This report represents a significant milestone in our ongoing commitment to sustainability in the textile industry. Our report not only underscores the urgency of addressing environmental issues but also provides actionable steps that can be taken by industry stakeholders to drive meaningful change,” said Jayant Roy, managing director of Lindström India. “By sharing our findings and strategies, we hope to inspire and lead the way towards a more sustainable future for textiles in India and beyond.”

Lindström’s report is part of its ongoing commitment to sustainability and corporate social responsibility. By sharing these findings, the company aims to foster collaboration and drive industry-wide adoption of sustainable practices. The full report, which includes detailed insights on choosing durable and repairable textiles, promoting reusability, and minimising stocks and inventories, is now available at https://lindstromgroup.com/sustainability-report/

Posted: August 12, 2024

Source: Lindström India, a 100 percent subsidiary of Lindström Group

Spinnova And Valmet Sign Partnership Agreement Regarding The Delivery Of Process Equipment For Spinnova’s Customers

JYVÄSKYLÄ, Finland — August 12, 2024 — Spinnova Plc and Valmet have signed a Partnership Agreement. According to the agreement, Spinnova has appointed Valmet as the exclusive partner to supply process equipment to Spinnova’s technology customers. The exclusivity is limited in time and scope and includes an exclusivity fee based on realized project deliveries. Spinnova does not expect this to have a material impact on its 2024 financials.

Valmet has previously supplied drying technology for Woodspin’s factory, a joint venture between Spinnova and Suzano. Spinnova and Valmet will continue to work together to increase the competitiveness of fibre production technology by lowering the capital and operational costs of fiber production.

“We are excited to ensure future collaboration with our long-standing partner, Valmet. With Spinnova’s innovation and Valmet’s capabilities as the leading global supplier of process technologies, services and automation, we can deliver our technology customers the best possible tools to produce our innovative fiber. Working with Valmet will further accelerate our path to reach our technology goals and cost-competitiveness targets, while also opening up a new portfolio of potential technology customers who are already involved in material processing and pulping, says Tuomas Oijala, Spinnova’s CEO.

“Valmet aspires to have a strong role in the revolution of the textile industry, and we support our customers’ journeys in converting renewable resources into sustainable results. Therefore, we are extremely happy to continue our collaboration with Spinnova, leveraging our expertise and expanding our presence in the textile industry”, comments Petri Rasinmäki, Business Line president, Paper Business Line, Valmet.

Posted: August 12, 2024

Source: Spinnova Plc

Indorama Ventures Reports Stable 2Q24 Earnings, Supported By A Gradual Recovery In Volumes And Management Progress On IVL 2.0 Strategy

BANGKOK, Thailand — August 9, 2024 — Indorama Ventures Public Co Ltd. (IVL), a global sustainable chemical producer, reported a slight rise in quarterly performance, supported by a gradual recovery in sales volumes and as management executes the company’s IVL 2.0 strategy to optimize its manufacturing model, reduce costs, and enhance competitiveness.

Indorama Ventures’ reported Adjusted EBITDA1of $370 million in 2Q24, a 1 percent rise QoQ and a decline of 11 percent YoY. The company’s sales volumes increased 1 percent YoY due to subdued economic activity, but also signaling the end of a prolonged period of destocking that began in late 2022. Operating rates for the group increased from 74 percent to 76 percent in 1H24, although still at lower-than-average levels, signifying the weak global economic conditions. On a proforma basis, considering asset optimization actions, operating rates increase to 81 percent.

The Indovinya segment posted a robust performance on improved margins and rebounding demand for its high‑value-add downstream products. The packaging business, newly renamed ‘Indovida’, also performed well due to its leading footprint in emerging markets.

Looking ahead, Indorama Ventures is encouraged by the gradual improvement in the operating environment as customer inventory levels normalize, which is expected to spur further growth in volumes across all segments in 2H24. The company also expects to benefit in 2H24 from its shale gas advantage in the U.S, reflected in ethylene crack margins, positively impacting its integrated MEG business. Continued higher import prices in Western markets will enhance the company’s competitiveness as a leading local operator.

While the polyester industry manages the downcycle, Indorama Ventures’ experienced management team is working hard to deleverage and optimize the business under the company’s IVL 2.0 strategy to emerge stronger and drive enhanced earnings quality in an era of higher interest rates and a substantially changed industry landscape. As flagged at its Capital Markets Day on 6 March this year and reaffirmed in its Mid‑year strategic update on 24 July, the company is making substantial progress with IVL 2.0. In 2Q24, it recorded an impairment and expense provision of $666 million ($543 million is non‑cash) under its asset optimization program to improve manufacturing efficiency and reduce fixed costs. The cost benefits will start from 3Q24 and amount to about $170 million in savings in 2025. The company expects that the remaining asset optimizations will not have material impairments.

Management is continuing its intense focus on managing costs and extracting efficiencies, including its Olympus 2.0 program. These efforts achieved $47 million in savings in 1H24 ($29 million in 2Q24). The company is continually optimizing its capital expenditure, with capex supporting investments in sustainability — such as recycling in India — and automation and digital technology, as well as ongoing projects.

A key part of Indorama Ventures’ transformation journey is the implementation of new digital and AI tools to drive operational excellence in key areas, including manufacturing, commercial, procurement, sales, supply chain, and finance excellence. A significant portion of operations now have the new SAP S/4HANA ERP platform as a digital core, while rollouts of other world-leading solutions are ongoing in a phased approach through to 2026.

Mr. Aloke Lohia, Founder and Group CEO of Indorama Ventures

Aloke Lohia, Group CEO of Indorama Ventures, said: “We remain cautiously optimistic as we see gradual improvements in our industry operating environment, albeit with significant challenges still working their way through the cycle. In the last six months we have made pivotal changes to our organization, including enhancing our leadership teams and empowering them to drive the significant initiatives under our IVL 2.0 strategy. The objectives of IVL 2.0 are clearly mandated and will not only help us manage the current downturn but also position Indorama Ventures for the new era of sustainable long-term growth ahead.”

Segment Performances

The Combined PET (CPET) with Intermediate Chemicals segment posted an Adjusted EBITDA of $234 million in 2Q24, a 6 percent decline QoQ and a 25 percent decrease YoY, due to a one-time upside impact from a campaign run of NDC campaign in 1Q24 and as reduced industry spreads weighed on the Integrated PET business. A cracker outage at Lake Charles in the U.S also resulted in a $17-18 million impact to EBITDA. The cracker is gradually up and running in 3Q24.

The Indovinya segment recorded a strong Adjusted EBITDA of $98 million, a 41 percent gain QoQ and 85 percent YoY on increased volumes as destocking eased, supported by demand for downstream chemical surfactants amid the U.S crops season.

The Fibers segment recorded Adjusted EBITDA of $39 million, a 2 percent rise QoQ and a 19 percent gain YoY amid improved sales strategies and a robust focus on cost management, even as volumes declined, particularly in the Lifestyle business.

1 Adjusted financials are before inventory gain/(loss) and extraordinary items. Details are given in the Management Discussion and Analysis (MD&A).

Posted: August 12, 2024

Source: Indorama Ventures Public Company Limited (IVL)

Elevate Textiles Names Elizabeth K. Ren, Head Of Corporate Development And Strategy

CHARLOTTE, N.C. — August 8, 2024 — Elevate Textiles — a global provider of advanced, high-quality products and mission critical textile solutions — is pleased to announce that Elizabeth K. “Liz” Ren has joined the company as head of Corporate Development and Strategy.

Elizabeth K. Ren

“We are excited to have Liz join Elevate’s Leadership Team,” said Jeffrey P. Pritchett, CEO and member of the Board of Directors for Elevate Textiles. “Liz’s expertise and insights in identifying new opportunities and driving top line growth make her a valued addition to Elevate as we accelerate our focus on key product and market opportunities across our leading textile brands. She will work with each of our Division Presidents and me to drive commercial growth opportunities to better serve our customers.”

Ren joins Elevate with more than 20 years of experience in strategic planning, corporate development, investment banking, corporate finance, operations and treasury, with proven success in leading teams in executing strategic initiatives and driving growth, cash flow and profitability. She most recently worked as CEO for The City Kitchen, a private company that operates shared commercial kitchen facilities and provides food safety education services. She will continue on the Board of Directors for The City Kitchen. Her career has included key financial and executive positions across private and Fortune 100 companies including Under Armour, Vertis Communications, Pitney Bowes and Merrill Lynch among others. She is a graduate of Yale University with a Bachelor of Arts in Economics and a graduate of The Wharton School at the University of Pennsylvania where she earned a Master of Business Administration, with a focus in Operations Strategy.

Ren is based out of Elevate’s global headquarters in Charlotte, N.C., where she will work across Elevate’s brands — American & Efird (A&E), Burlington, Cone Denim, Gütermann and Safety Components.

Posted: August 9, 2024

Source: Elevate Textiles

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