First Exit For Emergevest Fund LP From JDU Denim Production

HONG KONG — August 10, 2017 — In connection with the successful merger of its portfolio company, JD United Holdings Limited (JDU), with Taiwan-listed Roo Hsing Co. Ltd. (Roo Hsing), EmergeVest completely exited its investment in JDU, generating more than 2x invested capital and an IRR above 25. Consideration for the transaction is not being disclosed.

Headquartered in Changzhou, Jiangsu, China, JDU has 25 manufacturing facilities across Asia and Africa, producing apparel for leading international brands and retailers, such as Levi Strauss, Gap, Fast Retailing, Primark and C&A. The merger with Roo Hsing cements the business as one of the world’s leading denim manufacturers, with combined revenue of more than $500 million.

EmergeVest first invested in JDU in 2014 and supported the company’s expansion with additional capital in 2015. During its investment period, EmergeVest reorganized JDU’s shareholding structure, buying out a previous private equity investor, optimized JDU’s balance sheet, financed expansion into new markets and product categories, and managed the merger with Roo Hsing.

Commenting on today’s announcement, Roger Moh, managing director at EmergeVest, said: “We are delighted to have helped JDU management make such significant progress in growing the business. We wish the enlarged company well for the future.”

Richard Sun, CEO at JDU, said: “I would like to express my gratitude toward EmergeVest and its partners for their support. EmergeVest has enabled us to capitalize on growth opportunities, culminating with the merger with Roo Hsing. We are well positioned for future development.”

EmergeVest was advised on the transaction by Ropes & Gray.

Posted August 10, 2017

Source: EmergeVest

Dempsey Uniform & Linen Adds Third Hygienically Clean Certification: Emphasis On Process, Third-party Validation And Outcome-based Testing

ALEXANDRIA, Va. — August 10, 2017 — Dempsey Uniform & Linen Supply, Jessup, Pa., has added Hygienically Clean Food Service certification to its credentials. The laundry previously earned the Hygienically Clean Healthcare and Hygienically Clean Food Safety designations, reflecting an extensive commitment to best management practices (BMPs) in laundering as verified by on-site inspection and their capability to produce hygienically clean textiles as quantified by ongoing microbial testing.

The certifications confirm the laundry’s dedication to compliance and processing linens and uniforms using BMPs as described in its quality assurance documentation, the focal point for laundry plant inspectors’ evaluation of critical control points that minimize risk. The independent, third-party inspection must confirm essential evidence that:

  • Employees are properly trained and protected;
  • Managers understand legal requirements;
  • OSHA-compliant; and
  • Physical plant operates effectively.

In addition, Dempsey Uniform & Linen passed three rounds of outcome-based microbial testing, indicating that their processes are producing Hygienically Clean linens and garments and zero presence of harmful bacteria. To maintain certification, laundry plants must pass quarterly testing including yeast and mold detection to ensure that as laundry conditions change, such as water quality, textile fabric composition and wash chemistry, laundered product quality is consistently maintained.

This process eliminates subjectivity by focusing on outcomes and results that verify textiles cleaned in these facilities meet appropriate hygienically clean standards and BMPs for markets served. Hygienically Clean Healthcare requirements address the laundry needs of hospitals, surgery centers, medical offices, nursing homes and other medical facilities. Hygienically Clean Food Safety covers animal processing, dairies, fruit/vegetable, bakeries, grain and other food and beverage industry segments. Hygienically Clean Food Service certification is appropriate for laundry service to any location where food is served, including full- and limited service restaurants, hotels, hospitals and educational institutions.

Dempsey Uniform & Linen is the third facility in the Hygienically Clean program’s history (dates to 2012) to earn all three certifications. The others, Crown Linen Service, Brockton, Mass., and Miller’s Textile Services, Wapakoneta, Ohio, completed the trifecta in November and March, respectively.

The Hygienically Clean standard provides for two inspections every three years. The certifications incorporate the international cleanliness standards for linens and garments used worldwide by the Certification Association for Professional Textile Services and the European Committee for Standardization.

“Congratulations to Dempsey on their certifications,” said Joseph Ricci, TRSA president and CEO. “This achievement proves their dedication to building their customers’ confidence that their laundry takes every step possible to prevent human illness.”

Posted August 10, 2017

Source: TRSA

Introducing Milliken Innovarest™ — Innovative Rest Solutions

GREENVILLE, S.C. — August 2, 2017 — For more than 150 years, Milliken has combined science, design, innovation and creativity to develop technologies and products that enhance daily lives, improve health and safety, and make the world more sustainable.

Today, its Innovarest™ team uses its rich heritage of innovation to help people rest better. From production to development to customer service — the team is working hard for safety, performance and comfort in all of our products found in beds in homes all across America today.

Our mission is to have everyone sleep more soundly through our innovative rest solutions.

Posted August 9, 2017

Source: Milliken & Company

Rusvata Celebrates Its New State-Of-The-Art Trützschler Spunlacing Line

MÖNCHENGLADBACH, Germany — August 9, 2017 — On April 28, Russia-based OOO RUSAVATA extended an invitation to celebrate the inauguration of its new Trützschler line for production of hydroentangled nonwovens at its headquarters in Rjasan. The spunlacing line was officially taken into service in the presence of the Rusvata management, investors, customers as well as the representatives of Trützschler Nonwovens and its commercial agency Derux.

Rusvata produced the first roll of cotton already in 1896; today it is the only company that has integrated the complete chain of cotton processing for cotton wool and gauze. Rusvata now owns a modern and highly flexible spunlacing line with a monthly production capacity of more than 700 tons. Trützschler Nonwovens has supplied a complete line consisting of machines for fiber opening and blending, carding, hydroentanglement, drying and winding, all of them manufactured by Trützschler. Derux group was involved in the project as commercial agency. Derux looks back upon more than a decade of business activity in russia and cis countries with focus on large-scale projects in nonwovens lines as well as many supplies of nonwoven fabrics by German top companies.

The fiber material to produce nonwoven fabrics mainly consists of cotton which comes from the company’s bleachery. This ensures that Rusvata can control the fiber quality and react flexibly to changing customer requirements. The hydroentangled nonwovens are the basic material for cotton pads, wet wipes and other cleaning wipes as well as textiles for medical applications. The wide range of applications makes this line unique in Russia. With this forward integration, the company strengthens the region with 150 new jobs.

Posted August 9, 2017

Source: Trützschler

Buy Children’s Textiles With A Clear Conscience: Parents Rely On MADE IN GREEN

ZURICH — August 8, 2017 — These days, parents are not just concerned about quality and price when buying children’s clothing. They also want to have the good feeling that their purchase decision was right with regards to sustainability. The MADE IN GREEN by OEKO-TEX® label creates clarity with this: Labelled articles are harmless to health and sustainably produced, according to the valid Oeko-Tex guidelines. All of this is communicated transparently to parents on a small label.

Can parents be certain that the new romper suit for the little darling is tested for harmful substances? Has the article been manufactured under fair working conditions and in an environmentally friendly manner? With these questions, parents increasingly want to be certain that textiles fulfil their growing demands. With the Made In Green label, retail companies, retailers and manufacturers have the opportunity to communicate on the product directly to responsibility-conscious parents that they are committed to high product safety as well as ecological and social production conditions. The Made In Green label is issued for textile products of all types that have been tested for harmful substances according to STANDARD 100 by Oeko-Tex and also originate from sustainable production facilities that operate according to the requirements of the STeP by Oeko-Tex certification (STeP stands for “Sustainable Textile Production”).

Made In Green offers consumers a degree of transparency on only one label, which is a new feature in the market. Each label has a unique product ID or QR code. With this, parents can trace back the production of the respective product with their smartphone directly in the store. A brief scan of the QR code provides answers to questions such as: In which production facility along the textile chain was this textile produced? In which countries did the production take place? This creates trust and offers customers an additional opportunity to educate themselves about textile products and compare them to one another to make the best decision. Therefore, the Made In Green label, which was introduced in spring 2015, is a strong sales tool, particularly for retail companies and retailers with an affiliated supply chain who focus on parents as a target group. The Swiss undergarment brand, CALIDA, was one of the first companies to start labelling individual products for men and women with the Made In Green by Oeko-Tex label. The first completely labelled segment has been the CALIDA children’s collection that was certified in July 2016.

In order to simplify the selection of Made In Green labelled products for retailers and companies, Oeko-Tex provides the Oeko-Tex Buying Guide free of charge at www.oeko-tex.com/products. The tool provides support with the procurement of raw materials and products, as well as in the selection of cooperation partners and suppliers along the textile chain. Therefore, Oeko-Tex offers companies and retailers an entire ecosystem of labels and services – and a crucial shopping tool for health-conscious parents.

“QR code” is a registered trademark of Denso Wave Inc.

Posted August 9, 2017

Source: OEKO-TEX®

Parameter Establishes Subsidiary Company In Poland

BLACK MOUNTAIN, N.C. — August 9, 2017 — Parameter Generation & Control is expanding its global marketing and distribution channels by establishing a subsidiary corporation to serve eastern Europe. The new company will be headquartered in Warsaw, Poland.

Called Parameter EU, the company will be responsible for marketing, selling and distributing Parameter Generation & Control’s proprietary temperature and humidity control chambers to clients in several eastern European countries that include Poland, the Czech Republic, Slovakia and Lithuania.

The decision to establish a subsidiary in Poland stems from that region’s rapidly expanding pharmaceutical industry, said Clay Hile, president and CEO of Parameter Generation & Control.

“Eastern Europe is seeing tremendous growth in pharmaceuticals, an industry that relies heavily upon temperature and humidity control chambers for a number of mission-critical processes that include stability storage and regulatory submissions,” Hile said. “The cost of doing business in eastern Europe typically is lower than in either western Europe or the United States, which makes the area attractive to global pharmaceutical companies seeking to expand operations.”

Packaging, textile and wood product companies operating in eastern Europe also would be good condidates for Parameter products, Hile added.

Hubert Wyszomirski has been appointed area manager for Parameter EU. Ala’a Haris has been appointed general manager.

Posted August 9, 2017

Source: Parameter Generation & Control

Imports Set To Hit New Monthly And Annual Records As Retail Sales Continue To Increase

WASHINGTON — August 9, 2017 — Boosted by continuing sales growth, August is expected to be the busiest month on record for imports at the nation’s major retail container ports and 2017 is on track to set a new annual high, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Retailers are selling more and that means they need to import more,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “With sales showing year-over-year increases almost every month for a long time now, retail supply chains are working hard to keep up. These latest numbers are a good sign of what retailers expect in terms of consumer demand over the next few months.”

Ports covered by Global Port Tracker handled 1.69 million Twenty-Foot Equivalent Units in June, the latest month for which after-the-fact numbers are available. That was down 2 percent from May but up 7.5 percent from June 2016. July was estimated at 1.72 million TEU, up 5.6 percent from the same time last year. One TEU is one 20-foot-long cargo container or its equivalent.

August is forecast at 1.75 million TEU, up 2.1 percent from last year. That would be the highest monthly volume recorded since NRF began tracking imports in 2000, topping the 1.73 million TEU seen in March 2015. The 1.7 million-plus numbers seen in May and July and now expected for August and October would represent four of the six busiest months in the report’s history.

September is forecast at 1.67 million TEU, up 4.7 percent from last year; October at 1.72 million TEU, up 3 percent; November at 1.62 million TEU, down 1.4 percent, and December at 1.59 million TEU, up 1.5 percent.

Those numbers would bring 2017 to a total of 19.7 million TEU, topping last year’s previous record of 18.8 million TEU by 4.9 percent. That compares with 2016’s 3.1 percent increase over 2015. While July numbers are not yet final, the first half of 2017 tentatively totaled 9.7 million TEU, up 7.4 percent from the same period in 2016.

The import numbers come as retail continues a long-term pattern of increased sales. Total retail sales have grown year-over-year every month since November 2009, and retail sales as calculated by NRF — excluding automobiles, gasoline stations and restaurants — have increased year-over-year in all but three months since the beginning of 2010. Retail employment, despite recent short-term fluctuations, has increased by 1.5 million jobs during the same period.

NRF has forecast that 2017 retail sales – excluding automobiles, gasoline and restaurants – will increase between 3.7 and 4.2 percent over 2016, driven by job and income growth coupled with low debt. Cargo volume does not correlate directly with sales because only the number of containers is counted, not the value of the cargo inside, but nonetheless provides a barometer of retailers’ expectations.

Hackett Associates Founder Ben Hackett noted that U.S. gross domestic product grew 2.6 percent in the second quarter of this year, more than double the 1.2 percent seen in the first quarter.

“This relatively strong growth underlies the robust level of imports we have forecast and witnessed,” Hackett said.

Posted August 9, 2017

Source: National Retail Federation and Hackett Associates

MagnaColours® Expands Technical Team With Two New Appointments

BARNSLEY, England — August 8, 2017 — MagnaColours®, a manufacturer of water-based inks, has appointed two new members of staff. Melvin Hall will be taking on the role of Print Technician, while Jason Chapman will be joining Magna in September, as Regional Technical Sales Manager for Asia. The new appointments will contribute to Magna’s ambition to be worldwide leaders in environmentally conscious textile printing.

Melvin has vast experience in setting up textile screen-printing departments, and has worked in countries including Sri Lanka, USA, Spain, India, China and Pakistan. He also boasts experience in training workers in many aspects of screen printing.

Having worked in the screen-printing industry since 1976, Melvin has been printing onto textiles and garments for over three decades, throughout which time he has worked with some of the biggest brands and manufacturers in UK and worldwide.

In another new addition to the MagnaColours team, Jason has had a successful career in senior management of international businesses and consulting services for global brands in the textile printing sector spanning almost three decades. Because of this, he is perfectly placed to help Magna to develop relationships with printers across Asia, while offering support and advice.

Jason has worked in Sri-Lanka, China, Turkey and many other Asian countries, with leading manufacturers and printers, introducing, supporting and encouraging the use of water-based print technologies as well as larger printing, factory design, equipment sourcing, site planning and training projects. Through working with various printers and retail clients, he has gained a wealth of experience which will serve him well with his work going forward with Magna.

Helen Parry, managing director, MagnaColours, said: “We are thrilled to have not one, but two incredibly talented and experienced individuals joining the Magna team. It’s been a very exciting year for Magna, with the launch of some industry-leading initiatives, so it’s great to add to the expertise that already exists throughout the business.”

“Jason and Melvin will both contribute greatly to doing what MagnaColours are passionate about, spreading the word about the capabilities and benefits of water-based inks, in the place of harmful variants. These appointments mark a significant step in strengthening our efforts to educate and support our customers and distributors in getting the best results possible from our products.”

Earlier this year, MagnaColours launched its own education program, MagnaAcademy, as part of its commitment to support and train screen-printers in working with water-based inks. By demonstrating the ease and quality of printing with their inks, Magna are challenging misconceptions that have been a barrier to printers adopting the use of water-based inks over harmful alternatives.

Posted August 8, 2017

Source: MagnaColours

Fiber Industries LLC Opening New Operations In Darlington County

COLUMBIA, S.C. — August 8, 2017 — Fiber Industries LLC is preparing to open a new textile production operation in Darlington County, S.C. Expected to be operational in early 2018, this development is projected to bring more than $30 million of capital investment and lead to the creation of at least 135 new jobs.

A privately-held company, Fiber Industries was established by MHR Fund Management LLC, a New York-based investment firm, in order to restart the Palmetto Plant in Darlington, S.C. The management team, Andrew Rosenfeld and Leandro Carboni, has more than 60 years of combined experience in working at senior level positions in the chemical, oil and gas industries, along with strong backgrounds in financial, commercial and plant operations.

Located at 1000 East McIver Road in Darlington, the company expects to begin hiring for the new positions in the fourth quarter of 2017. Interested applicants should visit readySC™’s website for more information.

The Coordinating Council for Economic Development has approved job development credits related to this project.

“Fiber Industries is excited about the opportunity to restart the Palmetto Plant and bring jobs to the Darlington area,” said Andrew Rosenfeld and Leandro Carboni, officers, Fiber Industries. “The management team has been very impressed with the local workforce capabilities observed during its due diligence process. The support of the state and the local community has been an additional plus to help move this project forward.”

“Manufacturing continues to thrive in the Palmetto State; and, as a result, South Carolina’s economy is on top of the world,” said Governor Henry McMaster. “Today, we celebrate Fiber Industries LLC and the jobs they are bringing to Darlington County. We are proud that they have decided to do business in our state and look forward to watching them succeed here.”

“South Carolina has a long and storied history with textile manufacturing, and this announcement by Fiber Industries only adds to that tradition,” said Secretary of Commerce Bobby Hitt. “This is tremendous news for Darlington County, and we look forward to the difference that these new jobs will make.”

“Darlington County is pleased to have Fiber Industries commit to investing capital and creating jobs in our county,” Bobby Hudson, Darlington County Council Chairman. We look forward to a long and profitable relationship with our new partners. Darlington County is dedicated to growing our economy and helping our citizens prosper.”

FIVE FAST FACTS

  • Fiber Industries LLC is launching new textile manufacturing operations in Darlington County;
  • More than $30 million investment projected to create at least 135 new jobs;
  • Fiber Industries, a privately-held company, was established by MHR Fund Management LLC, a New York-based investment firm, to restart the former Palmetto Plant in Darlington, S.C.;
  • Located at 1000 East McIver Road, textile manufacturing operations are expected to begin in early 2018; and
  • Hiring for the new positions should begin in the fourth quarter of 2017, and interested applicants should visit readySC™’s website for more information.

Posted August 8, 2017

Source: Governor’s Office of South Carolina

Mahaffey Acquires $24.2 Million In Tent, Structure Assets From Classic Party Rentals

MEMPHIS, Tenn. — August 8, 2017 — Mahaffey Fabric Structures, a provider of temporary turnkey structures and shelter solutions, today announced the acquisition of more than $24.2 million in assets from Classic Party Rentals — including tents, structure frames, fabric pieces, and specialty structures. With this purchase, Mahaffey — already a national player for prominent events — will have an expanded network of both personnel and products to cover large-scale activations, corporate events, festivals, sporting events, film productions and other special events nationwide.

“With the addition of more than 3.1 million square feet of tent and structure inventory, this acquisition will be an industry game-changer,” said George Smith, executive vice president, Mahaffey Fabric Structures. “It is a unique opportunity, not only to purchase high-end assets that rarely become available, but also to expand our coverage of the special events industry — both for rentals and sub-leasing. This acquisition is a great example of how Mahaffey has continued to grow and innovate throughout our more than 90 years in business.”

Following the purchase, Mahaffey has increased its inventory of double decker structures, as well as added Roder Jet Tents, Shelter Tents, Arcum structures, Aztec Tents (Maxibeam, Midibeam, Minibeam, Tectrac SK and Tectrac LK) and AcadaSpan Tents. The tent and structure catalog ranges in size from 10 feet to 150 feet wide, with virtually unlimited lengths. The extensive list of acquired accessories include doors, lighting, HVAC, racks and more.

While the Mahaffey team is looking forward to amplifying its special event coverage, the company is also open to subleasing or selling surplus inventory. These options can equip a business with an extended product line for the short- or long-term.

Posted August 8, 2017

Source: Mahaffey Fabric Structures

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