GoDaddy & Danica Reunite For Big Finale & Life-After-Racing

SCOTTSDALE, Ariz. — January 18, 2018 — GoDaddy Inc. (NYSE: GDDY), the world’s largest cloud platform dedicated to small, independent ventures, is back to power Danica Patrick’s historic racing finale with primary sponsorships in both the Daytona 500 and Indianapolis 500. The two marquee auto races, being dubbed the “Danica Double,” mark an end to what is considered the most successful career of any woman in racing history – and the beginning of Danica’s next chapter as an entrepreneur and business owner.

In addition to the high-profile race sponsorships, GoDaddy is supporting Danica’s life-after-racing by powering the online presence for her business endeavors related to health, apparel and wine – all of which are enriched with her brand and GoDaddy’s savvy in helping people turn their business dreams into reality.

“This is definitely the way I want to finish my racing career – at these two iconic races, backed by my iconic, long-time sponsor,” said Patrick. “GoDaddy was there for me when my career was just really starting so it’s exciting to be getting back in the GoDaddy ‘green’ for my final two races. Our brands have always been powerful together, and I think it’s awesome to have them at my side when I go ‘all in’ with my businesses after racing.”

Danica has been referred to as “the most recognizable female athlete on the planet,” and “the woman who changed NASCAR forever.” She’s the only woman to have led laps at both the Daytona 500 and Indianapolis 500, a feat achieved by only 13 other drivers in the history of the sport.

Danica’s history with GoDaddy dates back more than a decade. GoDaddy signed her in 2006, just after she launched her career and two years before she made history as the first woman to win an IndyCar race in 2008. Then, in 2010, GoDaddy ushered Danica into NASCAR as her primary sponsor before she made history as the first woman to win the pole position at the Daytona 500 in 2013.

“You could say, ‘we’re getting the band back together,” said Chief Marketing Officer Barb Rechterman. “It makes sense in that our goals are so well-aligned – she’s passionate, tenacious and creative just like so many of our customers who are also looking to leverage the power of the Internet and turn their ‘side hustle’ into a full-time business. Danica absolutely epitomizes the heart of our GoDaddy customers. We love it.”

Danica has already forged into new career territory, having authored a fitness book, entitled Pretty Intense, released earlier this month, and launched her Warrior clothing line. She also owns a California vineyard, Somnium, which is Latin for the word “dream.”

“Having business ideas outside of your primary career can be overwhelming. It takes guts to go after a side hustle full time,” Patrick said. “Helping you get your ideas out of your head and making them a reality is what GoDaddy is all about – getting online with a domain name and website tells the world you are open for business and ready to go.”

Danica is one of TIME’s Most Influential People, and in what is shaping up to be the ‘Year of the Woman,’ Danica is sure to soak in the spotlight for her final NASCAR event, the Daytona 500, one month from today, February 18. She’s planning to unveil her special Daytona 500 GoDaddy car next month.

Danica’s final race is the Indianapolis 500, where she made history as the first woman to lead the most laps, 19, in her 2005 rookie season. “I don’t think I could have written a better ending to my racing career – driving my last laps on the Indianapolis Motor Speedway … although winning it with GoDaddy would obviously be the icing on the cake,” said Patrick. She has driven some of her best open-wheel races at the Brickyard, including earning a podium spot in 2009 with a third-place finish.

Danica transcends racing, in large part because of her ability to compete in a male-dominated sport. Danica did more than drive for GoDaddy. Over the years, she has appeared in 13 GoDaddy Super Bowl commercials, earning her the distinction as the celebrity in the most “big game” ads ever.

“We have always believed in Danica – and how she is inspired to set big goals, even in the face of adversity. We invite everyone to join us in watching how this next chapter unfolds out on the track, and then stay tuned for how she reinvents herself post-racing,” said Rechterman.

Posted January 18, 2018

Source: GoDaddy Inc.

U.S. Polyester Producers Applaud U.S. Department Of Commerce’s Affirmative Final Countervailing Duty Determinations On Imports Of Fine Denier Polyester Staple Fiber From China And India

WASHINGTON — January 17, 2018 — On January 17, 2018, the U.S. Department of Commerce announced affirmative final determinations that producers and exporters of imports of fine denier polyester staple fiber (PSF) from China and India are being unfairly subsidized by their respective governments at double-digit margins, as follows.

Fine Denier PSF Imports from China

Producer/Exporter CVD Final Rate
Jiangyin Hailun Chemical Fiber Co., Ltd. 38.00
Jiangying Huahong Chemical Fiber Co. Ltd. 47.57
All Others 42.79

 

Fine Denier PSF Imports from India

Producer/Exporter CVD Final Rate
Bombay Dyeing & Mfg. Co. Ltd. 13.38
Reliance Industries Limited 27.36
All Others 24.80

 

U.S. Customs and Border Protection has been collecting countervailing duties (CVD) in the amount equal to the preliminary subsidy rates in each country since November 6, 2017, when Commerce published its preliminary affirmative CVD determinations in these cases.  Importers will be required to continue posting duty deposits at these new CVD rates on the date the final determinations are published in the Federal Register (in approximately one week).

Additionally, Commerce issued its preliminary determinations in the antidumping duty (AD) investigations involving imports from China, India, Korea, and Taiwan on December 18, 2017. Those margins range from 63.26-181.46 percent (China); 2.66-21.43 percent (India); 0.00-45.23 percent (Korea); and 0.00-48.86 percent (Taiwan). The previously announced Chinese and Indian AD margins, adjusted for subsidy offsets to a “cash deposit rate,” are applied in addition to the final CVD rates announced today for those same countries.

Further, the issuance of Commerce’s final CVD determinations for China and India triggers the final phase of the U.S. International Trade Commission’s (ITC) injury investigation into whether those imports are causing material injury to the domestic industry. The ITC reached an affirmative preliminary determination on July 14, 2017 that the domestic industry is materially injured by the unfairly trade fine denier PSF imports. The ITC is holding a public hearing in its final investigation on January 17, 2018, and is expected to reach its final determination by early March 2018. The ITC’s final decision will determine whether AD and CVD orders are imposed.

Background

Three major U.S. polyester fiber producers – DAK Americas LLC, Nan Ya Plastics Corporation, America, and Auriga Polymers Inc. – filed petitions with the ITC and Commerce on May 31, 2017 alleging that dumped imports of fine denier PSF from China, India, Korea, and Taiwan, and subsidized imports of fine denier PSF from China and India, are causing material injury to the domestic industry.

The product covered by the petition is fine denier polyester staple fiber, which is a synthetic staple fiber of polyesters measuring less than 3.3 decitex (3 denier) in diameter.  Fine denier PSF is generally cut in lengths of less than five inches (127 mm).  Fine denier PSF is similar in appearance to cotton or wool. It is typically converted either to yarn for weaving or knitting into fabric or to a non-woven textile prior to the end-use application.  Woven applications include the production of textiles such as clothing and bedding linens, for example.  Non-woven applications include the production of household and hygiene products such as cleaning wipes, baby wipes, and diapers.

The petitioning companies are represented by Kelley Drye & Warren LLP.

Posted January 18, 2018

Source: Kelley Drye & Warren LLP

Donegan Joins Modagrafics As Operations Director

ROLLING MEADOWS, Ill. — January 18, 2018 — After spending more than 20 years working in print and pressroom environments, Dan Donegan is furthering his experience as operations director for Modagrafics. The Rolling Meadows, Ill.-based fleet, retail and decor graphics company helps corporate customers integrate brand-marketing campaigns from coast-to-coast and throughout Canada.

Donegan has 23 years of print industry experience. He was the technical operations/prepress manager at Moore-Wallace Printing, a division of RR Donnelley, for 10 years where he managed production, including customer service and planning, prepress and color management functions. For the last 13 years, he directed operations at Printing Specialties in nearby Arlington Heights. Donegan provided oversight of the digital production facility (including 17 Illinois satellite locations) that prints the daily programs for Chicago area horse racing tracks, simulcasting and off-track betting facilities, and casinos.

“I knew from the moment I met Dan that he would be the right person for this job,” said Paul Pirkle, Modagrafics president and CEO. “His entire career has been spent in the printing industry at various levels of customer service, prepress, production and manufacturing, and he embodies the core values of our company. Dan’s experience will give Modagrafics a dimension that will drive the business forward and facilitate our growth and continued innovation.”

“With ink-on-paper on the decline, I looked for an opportunity which I could utilize my print and management experience in a more dynamic growth area within the print space,” explained Donegan. “Once I met with the Modagrafics leadership team and witnessed what was happening here, I was excited about the opportunity.”

Donegan said having built relationships with Fortune 100 companies and examining processes to determine throughput and quality improvement needs, has prepared him for this position.

“I’ve learned about process management and improvement, and how important it is to build relationships with clients and your staff,” remarked Donegan. “My experience in upgrading technology and how to use it to succeed operationally will be beneficial at Modagrafics. Developing relationships, gaining the trust of the staff and being an advocate for their success, is among my main immediate goals.”

Modagrafics spent the majority of 2017 investing in upgrading its equipment, technology and employee training. It is Donegan’s goal to continue the push forward as Modagrafics expands work with current clients and wins new business.

“I am extremely excited to be part of this team,” he said. “I want to gain a thorough knowledge of our press and post-press technical processes as quickly as I can. Moving to a digital approach, with a hands-off process from printing to shipping, is very impressive to see. By removing processes from the equation, it is a huge benefit for customers with faster delivery and minimal quality control issues.”

Posted January 18, 2018

Source: Modagrafics

Packaging and Display Graphics Leaders Eric Bacourt and Mal McGowan To Share Personal And Professional Success Stories in EFI Connect Fireside Chat Keynotes

FREMONT, Calif. — January 18, 2018 — Electronics For Imaging Inc. has expanded the speaker lineup for its users’ conference, EFI™ Connect 2018, to be held January 23-26 at the Wynn Las Vegas. On January 23, EFI CEO Guy Gecht will moderate a pair of fireside chat keynotes with two innovative print and packaging industry executives: Eric Bacourt, CEO of Hinojosa Packaging Solutions, and Mal McGowan, CEO of McGowans Print. The executives are the very first users of EFI’s groundbreaking single-pass LED inkjet corrugated board digital press, the EFI Nozomi C18000.

Hinojosa: The power of packaging with digital corrugated

Bacourt’s company, Xàtiva, Spain-based Hinojosa, is a leading Spanish packaging group and one of the world’s most progressive users of digital inkjet printing in the corrugated market. The company also is home to the first EFI Nozomi press installation. During the fireside chart, Bacourt will share how his company – which was a leader in digital corrugated production even prior to adding a Nozomi press – achieved even greater digital opportunities and defied expectations by establishing a 24-hours-a-day, five-days-a-week high-volume manufacturing operation with its newest single-pass production technology.

Bacourt has had an extensive career managing and developing some of Europe’s most prominent packaging operations. He has served as CEO of Hinojosa for nearly a decade, directing a high-volume operation responsible for a significant amount of the boxes used in Spanish companies’ agricultural, food, and beverage industries. Prior to his current role, Bacourt was the head of Iberian operations for Europe’s leading cartonboard producer.

McGowans Print: Single-pass print, multiple market opportunities

Dublin, Ireland-based McGowans Print is the site of the world’s second Nozomi press installation. Founder and CEO Mal McGowan is a mathematician by training who started the business more than 25 years ago with a color copier in a small shop in Dublin. As an aggressive adopter of digital print technologies, he and his 100-employee team have built the company into Ireland’s most recognized print solutions provider. Today, in addition to the new EFI Nozomi product, the company operates more than 25 digital presses and is a market leader in Ireland for both cut-sheet and superwide-format digital production printing.

With much of its business centered on high-quality display graphics applications, McGowans Print is able to use its Nozomi press to meet existing demand for corrugated display work, as well as to develop new business producing high-end, full-color corrugated packaging.

“Corrugated packaging and display markets are primed for re-invention with new digital production technologies, and these two industry leaders will explain the tremendous opportunities this type of transformation creates,” said EFI CEO Guy Gecht. “We are delighted to have our first two Nozomi press users speak as part of a strong lineup of industry thought leaders and world-class experts who will make EFI Connect one of the very best print industry events of 2018.”

The industry conference for smarter, better print and packaging operations

With approximately 200 sessions at the four-day conference, Connect gives EFI customers the opportunity to gain vital insights in smart business management. Attendees from all over the world learn the best ways to use EFI technologies and have the advantage of being able to meet with and provide feedback to senior EFI executives and technical development staff.

Additional speakers at Connect 2018 include EFI Productivity Software Senior Vice President Gabriel Matsliach and noted industry economist and first-time Connect keynoter Dr. Joe Webb. A 40-year graphic arts industry veteran, Webb will discuss the economic state of the industry, offering a unique perspective about the trends and challenges ahead, with actionable ideas for competitive advantage and a successful business future, as well as a Q&A session that’s not to be missed.

Webb and print industry veteran Wayne Peterson will also deliver UnSquaring, a series of breakout sessions based on the strategy methodology they developed with RIT professor Chris Bondy in the book UnSquaring the Wheel. Connect’s UnSquaring sessions will showcase leadership actions print businesses can use to develop superior growth and sales strategies, the same tools Peterson is using while serving as executive vice president and COO for one of the nation’s leading publication printers, Vermont-based Lane Press.

The users’ group conference also will have a solutions center featuring new EFI technologies and exhibits from EFI partners, including: 3M™ Commercial Solutions; Aberdeen Fabrics; Duplo; Enfocus; Esko; Kodak™; Konica Minolta® Business Solutions U.S.A., Inc.; Motioncutter®; OneVision; The Print and Graphics Scholarship Foundation; Print ReLeaf; Progress® Software Corp.; Ricoh Americas Corp.; Riso; SpencerMetrics; X-Rite® Pantone®; Xerox; and Zünd®.

Now going into its 19th year, EFI Connect attracts print professionals worldwide for a collection of in-depth, informative training and education on key management and tech challenges for printing and packaging companies. The conference is an ideal venue for open dialogue and idea exchange, giving customers a valuable opportunity to participate in educational sessions, receive hands-on experience, discuss industry trends, network with peers, voice their opinions and learn from others.

Posted January 18, 2018

Source: EFI™

World Of Wipes® International Conference Cultivates Industry Growth 2018 Program Announced And Registration Open For June 5-8 In Chicago

CARY, N.C. — January 18, 2018 — Emerging technologies, new applications, and market insights are the focus of INDA’s World of Wipes® (WOW) International Conference 2018. WOW 2018 will deliver up-to-the-second insights for engineering new business growth June 5-8, at the Sheraton Grand, Chicago, Ill.

The full program for the 2018 conference is currently available and registration is open at www.inda.org/events/wow18.

WOW 2018 promises to be the premier conference for over 470 senior wipes professionals during four impactful days of value added content and business connecting opportunities. The program captures the wipes industries latest market trends, developments in preservatives and active ingredients, substrate innovations, point of purchase decision drivers, and flushability.

The industry’s hottest topics for WOW 2018 include:

  • Leading Keynote: “Gen Z Deciphered: Insights and Strategies for Marketers” by consumer psychologist Dr. Kit Yarrow, Professor Emeritus, Golden Gate University, details essential strategies for effectively marketing to this often misunderstood and vexing generation.
  • Preservatives: World-renowned expert, David Steinberg, president, Steinberg & Associates will present the current consumer view of preservatives and a view of what the future holds.
  • Top Beauty Trends: Arlette Palo, Principal, Arlette Palo Beauty Innovation Consulting, LLC, will share her insider’s experience on where to win in wipes innovation and how consumer behavior is driving the beauty wipes category performance.
  • Spunlace Innovations: Matthew Tipper, Operations Director, Nonwoven Innovation & Research Institute, will present the latest processes and parameters for low cost solutions for high and low wet strength for use and disposal.
  • Consumption Junction: Annie Weisbrod, Principal Scientist, The Procter & Gamble Company, reveals the significant trends and possibilities as consumers purchase more goods and the impact on status quo and innovation.
  • Nano Wipes: Sunghyun Nam, Research Materials Engineer, Southern Regional Research Center, will present new research using cotton fibers as a nanoengineering tool producing silver nanoparticles as a powerful antimicrobial wipes agent.
  • Single-use vs. Laundered: Matthew Schiering, Principal, Sheer Strategy, will reveal data and insights into the structure and performance of laundered towels in healthcare for high touch surfaces versus the cleaning and disinfectant efficacy of single-use wipes.
  • Innovation Award: The World of Wipes Innovation Award® recognizes innovations in the wipes value chain that advance the use of nonwovens. Conference attendees will hear from finalists selected by INDA’s Technical Advisory Board and vote their choice, the winner will be announced Friday, Day 3.
  • Premier Training: Come to the conference a day earlier for an in-depth wipes education. INDA’s WIPES Academy is being held in conjunction with the World of Wipes® International Conference. Led by Rob Johnson, PE and Principal of Smith, Johnson & Associates, the Academy is the first and only comprehensive wipes training program for the entire wipes supply chain.
  • Networking: From the welcome reception at The Signature Room at the 95th® in the famous John Hancock Building to a Dinner with Industry Thought Leaders and networking throughout the event, participants will make valuable connections to advance their business.

Posted January 18, 2018

Source: INDA

DSM Appoints Wilfrid Gambade President, DSM Dyneema

GELEEN, the Netherlands — January 18, 2018 — Royal DSM, a global science-based company active in health, nutrition, and materials, today announces that Wilfrid Gambade is appointed as President DSM Dyneema as of January 15 2018.

Gambade is an experienced senior leader who joined DSM in 2009 and was responsible for the Composite Resins business in Europe and then from 2011 moved into the role of President Composite Resins & Synres. For the past three years, he was very successful in turning around DSM’s Personal Care business and integrating DSM’s Aroma Ingredients business into a comprehensive Personal Care & Aroma Ingredients organization, which will allow synergies and is prepared for future growth.

Gambade, a French national, holds a B.Sc. in Polymer Chemistry from ITECH, Lyon and brings nearly 25 years of international experience in general management and sales and marketing in the cosmetics and chemicals industries (such as textile and coatings).

Posted January 18, 2018

Source: DSM Dyneema

Velcro Companies Hires New President For Latin America

BOSTON, Mass. — January 18, 2018 — Velcro Companies today announced that it has hired Paulo Garutti to serve as president of Latin America. He will be the company’s senior business leader for the region, responsible for developing and executing its strategy, and will be based in Canelones, Uruguay.

Garutti will report to CEO Fraser Cameron, who said: “In the past two years, our business in Latin America has made great strides. It has developed strong customer relationships, opened a state-of-the-art manufacturing facility and identified promising areas for growth. This provides a solid foundation on which Paulo and his team can build to take the business to the next level. His main focus will be developing our business in the region by serving new and existing customers. He will also ensure that we continue to provide excellent customer service, maintain high levels of product quality and identify opportunities for innovation and growth.”

Over the past six years Garutti started the Brazilian business for Branson Ultrasonics, a division of Emerson Electric, and later was placed in charge of marketing and sales for its Latin America region. Prior to that he was the head of sales for the Southern Cone at Anixter and worked for 16 years at Swiss manufacturer Komax AG, where he ultimately served as general manager for its Brazil operations.

Garutti succeeds Dirk Foreman, who was named president of the company’s North American region in June, 2017.

Posted January 18, 2018

Source: Velcro Companies

Simplifying Moisture Measurement To Improve Quality Of Powders And Bulk Solids

kett-moisture-analyzerwcap
Handheld devices now are available that allow less-skilled personnel to take lab-quality moisture measurements.

Instantaneous, “point-and-measure” handheld analyzers that can be operated by virtually any technician deliver lab-quality moisture readings in seconds

By Del Williams

In industries that produce powders and bulk solids, controlling moisture content can impact the purchase price, shipping costs, material handling and, perhaps most importantly, the quality of the final product.

When processing dry bulk solids such as food ingredients, chemicals, pharmaceuticals, pigments and minerals, the amount of moisture in the product can have a wide range of effects. A product’s quality, as well as transactions based on weight, can be adversely affected by improper moisture contents. Furthermore, the satisfaction of legal requirements that are present in many industries is a determining factor influencing a company to measure moisture content.

However, until recently conducting frequent moisture content tests throughout the process or in the field has been difficult. In many cases, the primary barrier has been the expertise and time required to conduct such tests. Often sophisticated moisture measurement devices must be operated by trained personnel that can properly calibrate the equipment. Many also require meticulous sample preparation and disposal.

Fortunately, handheld devices are now available that allow everyone to take lab-quality moisture measurements. These “point-and-measure” options allow moisture readings to be quickly taken at any stage of the process, as well as at loading docks, on trucks, at suppliers, or in bins, vats or vessels.

By simplifying the process, powder and bulk solid producers can increase the quality of their products from raw material receipt and formulation to end product manufacturing and distribution.

The Many Benefits Of Moisture Readings

Although the reasons for measuring the moisture content of powders and bulk solids can vary, the primary motivation is to improve product quality and the bottom line.

Monitoring moisture content in all stages of production ensures the most efficient processing. From measurement of incoming materials to mid‐process measurement, the optimization of plant resources and product quality will be ensured.

A prime example is extending the shelf-life of powders in particular food ingredients.  When moisture content is too high, mold can develop; when it’s too low, the product can become stale and the taste altered from ideal.

Establishing the moisture content is also very important when mixing two substances together. If the mixing is not done at the proper moisture levels, the way the two products react can be affected. This includes any chemical reactions that might take place, the way the two are blended together, or the amount one substance is dissolved into another.

It is also important to know the precise moisture content in any raw materials prior to beginning the manufacturing process.  Otherwise, the product’s time in the dryer, the dryer temperature, the conveyor belt speed, and many other factors must be modified each time a new shipment of the product is introduced.

Another benefit of frequent moisture measurement is for products sold based on regulated moisture content. Prescribed percentages must be met in order to comply with these specifications. In certain industries, heavy fines could be levied, while in others, the product or substance will not be accepted by the regulating agency.  These industries include gypsum and pharmaceutical manufacturers, among others.

There may even be legal ramifications, if the acceptable moisture content of a product is decided prior to purchase or shipping.  Fees can be levied on companies that do not ship at the agreed moisture level or the product could be rejected outright.

Finally, since moisture content contributes significantly to the weight of such materials, properly drying a substance to acceptable limits before it is transported can dramatically reduce shipping and disposal costs.

Simplifying Moisture Measurement

Although traditional laboratory and online based moisture measurement techniques are useful in the right settings, they have lacked the simplicity and flexibility required for frequent spot checks.

One common test is Loss on Drying, which measures the total material weight change after drying.  However, such tests typically require a sample to be prepared and brought back to the lab.  The test takes at least 15 minutes to several hours to perform, which is too slow when more immediate measurements are required.  It also requires the sample to be altered or destroyed.

Kett-portable-moisture-meter
Kett’s KJT130 Handheld Portable Instant Moisture Meter

As a result, secondary test methods have typically been used to deliver faster results.  This type of test uses an indirect method and a single conversion to achieve accurate results.  Secondary measurement techniques are routinely accepted as equal to the gold standard method.   Examples are speedometers, common infrared and liquid thermometers and most pressure gauges. If there is a disadvantage, it is that the instrument must first be calibrated to ensure accurate results.  In some cases, calibration could only be performed by trained staff familiar with the equipment.

In response, industry innovators have developed a simplified approach that allows even less-trained personnel to take portable, instant moisture readings of powdered bulk product as needed.

The approach involves moisture meters that utilize Near-Infrared (NIR) light, a highly accurate, non-contact secondary measurement method that can deliver immediate, laboratory quality moisture readings.

“NIR moisture meters allow very accurate instant measurement of solids and liquids without contact or sample preparation, so there is no contamination in handheld and online models,” said John Bogart, managing director of Kett US, a manufacturer of a full range of moisture and organic composition analyzers.  “Once the meter has been calibrated against the lab or production standard, the calibration is stored in the device so no calibration is required in the field.  Measurements are fully traceable to the original measurement method.”

In addition, because the process is non-destructive, samples remain unaltered so they can be used for additional tests or put back into the product stream.

“NIR moisture meters follow the principle that water absorbs certain wavelengths of light,” said Bogart.  “The meter reflects light off the sample, measures how much light has been absorbed, and the result is automatically converted into a moisture content reading.”

Unlike complex laboratory equipment, portable NIR equipment is designed for ease of use.  For example, with Kett’s KJT130 Handheld Portable Instant Moisture Meter, the user simply points the instrument at the product and the moisture content is instantly shown on a digital display, with results accurate to .01 percent in a 0 to 100 percent measurement range.

Because no direct contact or sample alteration is required, particle size variation and unusual textures are not an issue.  This can be important when used with a range of powder and bulk solid materials in different settings.

For ease of use, the unit is operated via user friendly menu commands.  The unit, which is the size of a camcorder, is designed for frequent spot checks wherever necessary, on both stationary and moving (process line) products.  Moisture measurement data may be stored in the instrument, downloaded continuously, or manually recorded.

“The goal is for any staff member to be able to successfully use the moisture meter wherever it is needed, with minimal required training,” said Bogart.  “This allows powder and bulk solid processors to have the certainty that what they are producing is of the highest quality.

“The key is to cost-effectively be able to conduct as much testing as required, with full confidence in the results, each and every time,” adds Bogart.


Editor’s Note: Del Williams is a technical writer based in Torrance, Calif.


January 17, 2018

Looking Ahead: Spinners Optimistic

Jim-Phillips-colorBy Jim Phillips, Yarn Market Editor

Overall, many spinners were satisfied with the state of their businesses in 2017. The year started slowly, but business picked up considerably at the end of the first quarter and stayed relatively steady for the remainder of the year.

A number of companies enter 2018 with considerable optimism.  “We feel good about where we are, and, if economic conditions continue to improve, we expect 2018 to be even better,” said one spinner. “We’ve had a steady stream of business since March of last year. It has gotten a little better with each month.” Added another spinner: “We were solid last year. We see no reason that 2018 will not be similar or better. Consumers are beginning to let go of some of their discretionary income, and that is always good for us.”

Indeed, consumer confidence in November was at a 17-year high, according to the Consumer Confidence Index published by The Confidence Board. And December’s index was almost as good. Consumer confidence reached 128.6 in November and fell only slightly to 122.1 in December. “Despite the decline in confidence, consumers’ expectations remain at historically strong levels, suggesting economic growth will continue well into 2018,” Lynn Franco, director of economic indicators at the Conference Board, said in a release. Confidence has been fueled by a few factors: the job market, the soaring stock market and promised tax cuts.

“Business continues to be good,” said a yarn broker, “and I am anticipating that 2018 will be fine as well. But, it all depends on what you are trying to sell. Few U.S. spinners can compete in commodities. Those that do have tremendous production capacities. But a lot of smaller companies are doing exceptionally well by focusing on particular niches in the marketplace, such as yarns for specialty applications, medical textiles, technical textiles, yarns for industrial fabrics and similar things.”

“What we need,” said one industry insider, “is more ring-spinning capacity. Over the past few years, we have had numerous instances where getting a position in ring-spun yarns was very difficult.

An increase in capacity is coming. Keer America, which already has an open-end (OE) plant near Fort Mill, S.C., plans to start production in its new-ring spinning plant in May. According to the company, the plant — Phase II of Keer America’s plans — will have a production line of 70,000 spindles of ring-spun yarn, cover KPRS and CPRS, slub, core spun yarn, count range from Ne6 to Ne40, carded and combed. Annual production capacity will be around 40 million pounds.

The Phase I plant, which began operation in February of 2015, currently produces 1.1 million pounds of yarn per week of OE yarn. Phases III and IV, according to Keer, will be designed to produce cotton/synthetic blend spun yarns. The company anticipates groundbreaking in 2019.

NAFTA

Little progress was made in the latest rounds of NAFTA renegotiations, with the United States and Canada still at loggerheads over several issues.  Negotiations were set to resume later in January in Montreal. As of this writing, the Canadian government is steeling itself for a possible U.S. exit.  If that occurs, the two countries would have to negotiate a bilateral trade agreement. The United States already has a bilateral agreement with Mexico.

Cotton Prices

For the week ending January 11, the price for the base quality of cotton (color 41, leaf 4, staple 34, mike 35-36 and 43-49, strength 27.0-28.9, uniformity 81.0-81.9) in the seven designated markets measured by the USDA averaged 76.84 cents per pound. The weekly average was up from 75.96 the previous week and from 71.46 cents reported for the corresponding period a year ago.

Daily average quotations ranged from a low of 75.61 cents Friday, January 5, to a seasonal high of 79.96 cents Thursday, January 11. Spot transactions totaled 148,565 bales. This compares to 75,044 bales reported the previous week and 89,020 spot transactions reported for the corresponding week a year ago. Total spot transactions for the season were 1,067,016 bales, compared to 873,030 bales for the corresponding period a year ago. The ICE March settlement prices ended the week at 82.65 cents, compared to 79.25 cents the previous week.

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