Sage To Expand Gayley Plant, Add 80 Jobs

Spartanburg-based Sage Automotive Interiors — a supplier of automotive bodycloth to original
equipment manufacturers (OEMs) for seating, door panel surfaces and headliners — has announced
plans to invest approximately $10 million to expand its Gayley, S.C., manufacturing plant, with the
expectation of adding about 80 new employees to the facility’s current workforce of more than 200
over the next five years. The Gayley plant is one of Sage’s most modern and technologically
advanced manufacturing facilities and produces the company’s YES Essentials line of durable,
stain-resistant, odor-eliminating fabrics, which are used by automotive manufacturers including
Chrysler, Dodge, Jeep and Hyundai.

Sage Automotive Interiors, formerly known as Autotex, originally was the Automotive Body
Cloth division of Spartanburg-based Milliken & Company, which sold the division last year to
Greenville-based investment firm Azalea Capital LLC
(See ”
Milliken
To Sell Automotive Fabrics Business To Management Group
,” May 26, 2009)
. The company’s
workforce currently totals approximately 1,000 people at locations in the United States as well as
Japan, China, Brazil, Korea and Europe.

The company has been investing in the Gayley facility from the beginning, and according to
Sage CEO Dirk Pieper, will continue to upgrade the physical plant as well as install new equipment.
“This initiative, already partially implemented, will markedly improve and expand our manufacturing
capabilities in Greenville County,” Pieper said. “It will extend our capacity to serve OEMs the
world over as both the domestic and international markets improve during the next several
years.” 

Sage recently announced it will move its headquarters into a new facility on Clemson
University’s International Center for Automotive Research (CU-ICAR) campus in Greenville.

“From CU-ICAR and Clemson University to the Upstate’s robust advanced manufacturing community
and deep talent pool, Greenville County is precisely the right location for Sage to expand,” Pieper
said. “Here, we are on the front end of evolving trends in automotive interiors, and the global
reach and opportunities of this company make us excited about our future in the Upstate. We will
now be able to grow as our markets do.”

April 13, 2010

Carolina-Pacific Fibers To Offer Hengli Industrial Yarns In Americas

David T. Rouse and partner have formed a new business, Carolina-Pacific Fibers LLC, to import and
distribute industrial polyester yarns manufactured by China-based Jiangsu Hengli Chemical Fiber Co.
Ltd. The new Charlotte-based company will supply Hengli high-tenacity polyester, low-shrink and
super-low-shrink polyester, high-modulus-low-shrink products, and twisted polyester yarns to
industrial markets in the United States and the Americas; and will provide those markets with
customer support as well.

“We feel the time has come for a full service import, distribution and service provider in
the United States, and that is what we are building,” Rouse said. “Our goal is to provide
consistent and reliable supply of high-quality value-added products that the U.S. customers demand
and deserve.”

April 13, 2010

Techtextil North America 2010 Showcases The Latest Developments In Technical Textiles And Nonwovens

ATLANTA, April 13, 2010 — Leading technical textile and nonwovens companies from around theworld
will showcase the latest products and advanced technologies in textiles, nonwovens and materials
during Techtextil North America2010 next month in Atlanta, Georgia.

Techtextil North America represents all vertical aspects of the technical textile industry
from research and development, through raw materials and production processes, to conversion,
further treatment and recycling. 

Some of the highlights of the 2010 exhibit hall will include:

Aurora Specialty Textiles Group, Inc. will have a focus on offering options that
are both economical and eco-friendly. Aurora had added cationic cotton fabric dyeing to its range
of fabric coloring capabilities.This process utilizes fabrics made with cationic treated cotton
yarn which has an affinity for reactive dye. The benefits of this system are many including;
shorter dye cycles, reduced usage of energy and water, elimination of salts and alkali, reduction
of greige fabric SKU’s,etc. By blending the cationic cotton yarns with standard cotton or other
fibers it’s possible to create yarn dyed effects with the flexibility and convenience of piece
dyeing. This is just one of several low environmental impact dyeing/finishing processes offered by
Aurora.

Bally Ribbon Mills will demonstrate their extensive product line of engineered,
woven, narrow fabrics, specialty broadcloth and woven structures for medical, industrial, safety,
aerospace and commerical applications. The Bally Ribbon Mills exhibit will display samples of woven
tubular vascular stents, bifurcate grafts, tapered weaves and arteries that are used to repair
damaged blood vessels as well as blood filtration membrane and carbon fiber structures for
orthopedic and prosthetic applications. In addition, samples of circular (polar) weaves, woven 2D
and 3D shapes, fabrics used for parachutes and for air frame components will be displayed.

Brueckner Textile Technologies GmbH & Co., is a worldwide leading producer of
systems for the finishing of textiles, nonwovens and technical textiles. One focus at Techtextil
North America will be on eco-technologies – saving energy on the highest level. Using a Brueckner
Eco-Heat recovery unit allows energy savings of up to 35% depending on the process. The low
investment costs can be recuperated in a very short time. The already low emissions of Brueckner’s
stenters can be reduced even further with an Eco-Airpurification unit consisting of a scrubber
and/or electrostatic precipitator as supplement to the heat recovery system. 



Imerys Performance Minerals
will be featuring FiberLinkTM treated calcium carbonate
at Techtextil North America, a highly engineered mineral additive produced in North America, Europe
and Asia.FiberLinkTM is specifically designed for use in fiber and nonwoven applications, where it
provides up to 10% raw material cost savings and performance enhancements such as softness,
opacity, and filtration efficiency. In addition, the carbon footprint of FiberLinkTM is only
one-fourth that of the polypropylene resin it replaces. Imerys also produces treated calcium
carbonate additives for film and molded packaging applications. These products, Supercoat® and the
FilmLink® series, will be featured at the event as well.



Khosla Profil Pvt. Ltd.
  – the difference is in the fabrics. Khosla Profil has
over 30 years of experience in the manufacturing of filtration and industrial fabrics and has fully
integrated operations from fiber to made-ups. The group now intends to consolidate its position in
the industrial fabric market and focus efforts on the export front. Fabrics for modern filtration
equipment, monofilament fabrics and specialized made-ups will all be presented at Techtextil North
America.

Kuraray America, Inc. will feature Vectran® fiber and exhibit its diverse
portfolio of advanced fibers and further processed applications at Techtextil North America. The
company will highlight Vectran knitted fabrics offering cut, puncture, abrasion and heat resistance
properties. Available in multi-filament, spun and hybrid varieties, these fabrics offer excellent
drapability to molded composites and are suited for a wide range of end-use applications, from
cut-resistant gloves to puncture-resistant garments, as a high performance alternative to aramids.
Kuraray will also feature its new solution-dyed Vectran HT, a high-tenacity fiber available in
several new colors, providing enhanced UV resistance, colorfastness and strength. 

Leigh Fibers, Inc. will feature high-quality recycled aramids and other technical
fibers at Techtextil North America next month. Visitors to their booth will be challenged to
distinguish virgin fibers from Leigh’s recycled fibers, which have the same performance
characteristics and are very similar in appearance. Among the samples will be SafeLeighTM FR
shoddy, Leigh’s cost-effective alternative for manufacturers who need a fire-retardant material
that meets growing consumer demand for environmentally-friendly content. Leigh is one of the
world’s leading processors of textile waste and fiber by-products, having diverted some 14 billion
pounds from landfills so far.

MAGEBA Textilmaschinen GmbH & Co. KG will showcase machines for the entire
production cycle of narrow fabrics, most of them being shown in full operation in the R&D
section. The range is comprised of warping machines, narrow fabric needle and shuttlelooms, dyeing
and finishing ranges, press and friction calenders, measuring and making up machines, inspection
machines and special purpose bespoke products. To respond to the increasing demand for medical and
high technological applications of woven fabrics with special features, MAGEBA has strongly focused
their research and development efforts during the last few years on shuttle loom technology.

Norafin GmbH will present a wide selection of powerful hydroentangled and
needlepunched product solutions and composites that are used in the sector of filtration,
protective clothing and industrial specialty applications. Their Komanda Material, an innovative,
multifunctional nonwoven for the protective clothing market, is a powerful alternative to
conventional textiles for industrial FR workwear, military uniforms and protective clothing against
electric arcs. Also featured will be the Norafin 3D Performance Material which offers a variety of
advantages in the sector of protective clothing.Thanks to the air entrapped within the product and
its special surface quality, the nonwoven allows improved insulation and increased comfort in its
end use.

REIMOTEC GmbH is a system supplier of monofilament and strapping tape production
equipment. This means that REIMOTEC does not only supply the equipment but the entire engineering
and extensive know-how in process technology. This complete package is one of the reasons why they
have become the market leader in the monofilaments and strapping tapes area. As part of the
Reifenhäuser Group, REIMOTEC and its customers can benefit from the wide range of experience of a
market leader in extrusion technology which can also offer the flexibility, power of innovation and
direct customer contact expected of a specialist in this market segment.

Richard Hough Ltd., specialist squeeze roll manufacturer, has collaborated with
Just Rollers plc, world leader in elastomer rollcoverings, to develop the new Resilio system.
Trials have identified substantial performance benefits over the existing market-leading elastomer
roll cover: typically 40% better expression on knitted goods and typically 30% better expression on
wovens. Richard Hough Ltd.has applied for a patent for the new Resilio roll, which combines the
company’s own expertise in mechanical squeezing and dewatering equipment with specially-developed
dual-layer technology for the covering. The secret is in the integration of the squeezing power of
the sub-layer with a revolutionary profile-hugging top layer.

RKW US, Inc. will highlight Aptra® microporous film protection gainst viral
penetration and blood borne pathogens in hygiene and medical applications. Aptra® Classic is
lightweight, breathable microporous polypropylene film used in diverse medical and hygiene
applications where demonstrable ability to resist blood borne pathogen ASTM F-1670 and viral
penetration ASTM-F1671 is required. Aptra® UV8 is a lightweight, UV stablilized, water
resistant,non-abrasive polypropylene film with excellent bonding, barrier and degradation
properties. All raw materials used in Aptra® Classic and Aptra® UV8 microporous films are FDA
approved for incidental or direct contact or both. The films are produced exclusively in North
America for RKW US, Inc. in an ISO 9001 plant.

Stahl manufactures textile and thin film performance coating systemswith an
emphasis on bringing FR, breathability, ink-jet printability and other key performance effects to a
variety of substrates. Stahl will showcase a new class of high performance water-based FR
polyurethane coatings utilizing inherently FR, halogen free, NMP-freepolymerization technology. For
the ultimate combination of performance, Stahl will also showcase a new breathable FR coating
suitable for use in demanding protective apparel applications. For maximum visual impact when
ink-jet printing on challenging substrates, Stahl will promote their line of print receptive
coatings aswell as protective top-coats.



Stein Fibers, Ltd.
is proud to launch the U.S. polyester industry into a more
environmentally friendly future by introducing Infinity Polyester. Infinity Polyester is a
domestically produced 100% recycled fiber with up to 100% post-consumer bottle flake content.
Infinity Polyester can be customized for specific processes and applications. Production
capabilities include 3 to 40 denier, 25 to 102mm cut lengths, and a variety of shade specific
colors.

Zeus Inc., a global leader in material science and high performance polymer
extrusions, has expanded its drawn fiber capabilities to include PFA, FEP, ETFE, and other
polymers. This product line expansion will result in enormous benefits for manufacturers around the
world and allow more flexibility and options in regard to aerospace, semiconductor, and chemical
applications. The enhanced product offering creates an arsenal of fibers that have diverse
properties, such as abrasion resistance, chemical inertness, and optical clarity. Zeus products and
services are preferred by companies in medical, automotive, electrical, fluid handling, aerospace,
and mechanical markets.

The seventh edition of Techtextil North America, the only trade show in the Americas
dedicated to technical textiles and nonwovens, will beheld May 18 – 20, 2010 at the Georgia World
Congress Center in Atlanta, Georgia.  For the more information including a full exhibitor
list, visit
www.techtextilNA.com

About Messe Frankfurt

Messe Frankfurt is Germany’s leading trade fair organizer. The Messe Frankfurt Group hasa
global network of 28 subsidiaries, five branch offices and 52 international Sales Partners,giving
it a presence for its customers in more than 150 countries.  Events “made by Messe Frankfurt”
take place at more than 30 locations around the globe.  In 2009, Messe Frankfurt organized
more than 90 trade fairs, of which more than half took place outside Germany.  The North
American headquarters in Atlanta is currently producing trade shows in the USA, Canada and Mexico
across various industries.  For more information about Messe Frankfurt, please visit our Web
site at
www.usa.messefrankfurt.com.

Posted on April 13, 2010

Press Release Courtesy of Messe Frankfurt

Biodegradable Mulch Project Applies Textile Science To Agriculture

PULLMAN, Wash., April 7, 2010 — Researchers at Washington State University are working to develop
a biodegradable mulch that would provide an alternative to costly and environmentally detrimental
plastic mulch. 

The research project spans three states and five research institutions, said Debra Inglis,
associate plant pathologist and project director. Inglis is based at WSU’s Northwest Washington
Research and Extension Center in Mount Vernon.

The WSU Department of Apparel, Merchandising, Design and Textiles is playing a significant
role in the research. The Textile Research Lab is responsible for testing many of the intrinsic
qualities of both fabric and plastic mulches, said Karen Leonas, the department chair. Two AMDT
undergraduates, Marc LaPointe and Leanne Goldstein, are conducting the physical and mechanical
testing of the mulches.

“Textiles play a big role in the evaluation of the product, and with the textiles lab, we’re
well situated to contribute to this project in an important way,” Leonas said. 

The fabrics are being tested to determine how well they respond responds to different kinds
of weather conditions and their biodegradation rate.

Leonas said the research project started when she ran into a long-time colleague who was
studying biodegradable materials. Leonas asked the colleague to send her an abstract of his
research, and then forwarded the abstract to the chair of WSU’s Department of Horticulture and
Landscape Architecture. Rick Knowles, chair of horticulture and landscape architecture, realized
this research could be applied to the agricultural realm, and introduced Leonas to Carol Miles, an
associate vegetable horticulturalist who was researching alternative mulches for weed control in
vegetable production systems <
http://www.tfrec.wsu.edu/pages/orgrte/Project/279>
.

“We found there was an overlap in the research, and decided to proceed with the project,”
Miles said.

This research project has enormous potential to positively impact farmers, Miles said. The
alternative mulch could potentially create a reduction in the waste stream of plastic mulch, most
of which is currently disposed of in landfills. This in turn would potentially eliminate the cost
farmers pay to remove and dispose of the plastic mulch.

“This alternative would also benefit communities because many agricultural communities in the
United States do not currently have access to agricultural plastics recycling,” Miles said.

Miles said there is much to be learned about how biodegradable mulch would impact the health
and quality of soil. Biodegradable mulch should leave no toxic residue in the soil and, ideally,
would improve soil quality and decrease soil-borne plant diseases.

There is also potential to expand this research and supply alternatives to other types of
plastic far beyond agriculture, Miles said. 

“Only one percent of all plastics used are agricultural, and there are many other potential
opportunities for this technology–plastic bags being just one example” Miles said.

Posted on April 13, 2010

Press Release Courtesy of Washington State University

TenCate Secures Norwegian Order For TenCate Defender™ M Fabric

ALMELO, The Netherlands, April 13, 2010 — TenCate Protective Fabrics has secured a important order
from the Swedish manufacturer Gulins Business Design AB for the supply to the Norwegian FLO
(Defence Logistic Organisation) on inherently flame-resistant TenCate Defender™ M fabric in the new
colour dark blue. This involves fabric for more than 25,000 sets of clothing in two years, to
protect the Norwegian marines.

This order is the result of ongoing product development based on specific customer needs.
Thanks to patented technology and the success of TenCate Defender™ M that was developed by TenCate
Protective Fabrics in the US, the Research & Development team of TenCate Protective Fabrics in
Nijverdal (the Netherlands) has realized a new composition. Therefore this protective fabric is now
also available in dark blue and black. TenCate Defender™ M was already available in a variety of
camouflage patterns and solid colours for the uniforms of land and air forces. It can now also be
used for other markets, such as Marine Corps and police forces (including riot police and special
squads), which principally wear the colours black or blue for their operations. The fabric for this
order will be produced in Nijverdal (the Netherlands).

Ramon Overdijk, Marketing & Sales Manager of TenCate Protective Fabrics EMEA explains:
“The characteristics of TenCate Defender™ M are unique. In addition to the excellent protection it
provides against heat and fire and its anti-static properties when there is a risk of explosion,
the fabric is also exceptionally comfortable to wear, allowing great freedom of movement. The
fabric is cooling, breathable and moisture-regulating, thanks to the use of Lenzing® FR rayon
fibres in its composition; it is also durable and provides excellent resistance to wear, tear and
fading. As an optional extra TenCate Protective Fabrics offers a durable finish that repels petrol
splashes.”

European wearer trials

TenCate expects total revenues from TenCate Defender™ M products to increase further, which
will involve a wider geographical spread of sales as well as expansion of its applications.
Military wear trials are currently being conducted in several European NATO countries. TenCate will
not be issuing any further statements about these trials.

Continued development and innovation of the TenCate Defender™ M product portfolio is focused
on new applications and new functionalities, such as laminates and stretch. Collaboration with
fibre suppliers and garment makers, and in particular with the military organizations involved, is
of strategic importance in developing products that meet the wishes and specifications of soldiers,
marines and police officers. 

Breathable and comfortable

TenCate and fibre producer Lenzing from Austria have combined their knowledge of the
development and production of flame-resistant fabrics with fibres that are inherently
flame-resistant and comfortable to wear. The Lenzing FR® fibre is a key ingredient of TenCate
Defender™ M fabrics. Unlike other flame-resistant fibres, Lenzing FR® fibre not only offers
inherently flame-resistant properties but also absorbs moisture. This combination makes the fabric
breathable and comfortable to wear.

Standard fabric

TenCate Defender™ M fabrics continue to be selected as the fabric of choice for
flame-resistant combat uniforms worn by the US Army and the US Marine Corps. The responses from the
field regarding TenCate Defender™ M fabrics are consistently positive, and data show a reduction in
the number of injuries related to IED (improvised explosive devices) attacks.

Since 2007 TenCate received official commendations from both the US Army and the US Marine
Corps for the excellent quality of its products and services.

Posted on April 13, 2010

Press Release Courtesy of TenCate Protective Fabrics

ITMA ASIA + CITME 2010 Exhibition Space Sold Out As Visitor Promotion Gets Underway

PARIS, April 13, 2010 — The reputation of ITMA ASIA + CITME 2010 as Asia’s premier textile
industry platform has been given a further boost following an announcement from the show organisers
that all exhibition space has now been sold.

Over 1,100 textile and garment machinery manufacturers have applied successfully to exhibit
at the second combined show, taking up 100,000 square metres of Shanghai New International Expo
Centre.

Chinese exhibitors make up the biggest country group at the show, which will be held from 22
to 26 June 2010. They have taken around 50 per cent of the total exhibition space. Exhibitors from
Europe form the next biggest contingent, taking up 35 per cent. 

Attesting to the popularity of the combined show, there is still a waiting list of over 50
manufacturers, according to show owners – CEMATEX, CCPIT Sub-Council of Textile Industry
(CCPIT-Tex), China Textile Machinery Association and China Exhibition Centre Group Corporation.

Ms Maria Avery, Secretary-General of CEMATEX, said: “Global economic recovery is underway and
growth is expected to return to positive territory in 2010. Generally, businesses are more upbeat
in their outlook, hence there is strong demand for the show. As the show date approaches, we are
now actively promoting the exhibition in China and the rest of Asia.” 

The visitor promotion campaign which kicked off at the beginning of the year is now gathering
momentum. On the domestic front, the organisers are now focused on reaching out to Chinese buyers
from key textile hubs.

Regionally, they have formed strategic tie-ups with associations in India, Pakistan,
Bangladesh, Vietnam, Indonesia and Turkey. Promotion trips to Bangladesh, Egypt, Russia, Central
Asia and India have already been made or are being planned.

A series of roadshows, specifically targeting Indian trade visitors, who formed the biggest
group of overseas visitors to the 2008 show, was held earlier this year. Indian cities covered in
the roadshows were Ahmedabad, Surat, Mumbai, Coimbatore, Tirupur, Erode, Madurai, Panipat,
Ludhiana, Amritsar and Bhilwara. ITMA ASIA + CITME 2010 is expected to attract trade visitorship of
some 100,000, a 10 percent increase from the last combined show, which drew 90,000 from 96
countries and regions.

Hassle-free visitor registration services

To ensure that ITMA ASIA + CITME is an industry-leading market place and to attract quality
attendance, visitors will need to purchase badges costing RMB 100 for a five-day pass and RMB 50
for a one-day pass.

Visitors who register online at
www.itmaasia.com and
www.citme.com.cn before 10 June 2010 will enjoy a discount of
40 percent. This service is also extended to exhibitors who wish to purchase badges for their
guests.

For added convenience, visitors may print their badges after successful registration. This
time-saving feature further helps visitors to avoid possible long onsite queues during the show.

ITMA ASIA + CITME 2010 is organised by Beijing Textile Machinery International Exhibition Co
Ltd and co-organised by MP International Pte Ltd. The Japan Textile Machinery Association (JTMA) is
a special partner of the combined show.

Those interested in visiting ITMA ASIA + CITME 2010 can obtain more information from
www.itmaasia.com or
www.citme.com.cn.



Posted on April 13, 2010

Press Release Courtesy of CEMATEX and China Textile Machinery Association

Treasury Secretary Postpones Report On Currency Policies

U.S. Treasury Secretary Timothy F. Geithner has decided to delay issuing a report on international
currency policies in a move that will avert a showdown on China’s alleged currency manipulation
before Chinese President Hu Jintao’s visit to Washington later this month. The report was scheduled
to be released April 15.

Geithner said he had decided to postpone release of the report in view of “a series of very
important high-level meetings over the next three months that will be critical to bringing about
policies that will help create a stronger, more sustainable and more balanced global economy.”

He cited, for example, an upcoming meeting of the G-20 developed countries’ finance ministers
and central bank governors later this month, and a Strategic Economic Dialogue with China in May.
While stating that these meetings are the “best avenues for advancing U.S. interests at this time,”
Geithner did say China’s inflexible currency policies remain  a concern.

China has pegged its currency, the yuan or renminbi, to the dollar at a rate that is
considered to be undervalued by as much as 40 percent, and that gives China an unfair –some say
illegal — advantage in international trade.

Sen. Charles E. Schumer, D-N.Y., who is co-sponsoring legislation to address the Chinese
currency problem, said he was “disappointed but not surprised” by Geithner’s decision and said he
will push ahead with legislation. Going the legislative route has been opposed by both the Bush and
Obama administrations, which have said they believe negotiations at bilateral and multi-levels are
the best route to take.

The U.S, Business and Industry Council (USBIC) reacted strongly to Geithner’s decision,
saying a delay in labeling China a currency manipulator “can only guarantee more American factory
cutbacks and closures with accompanying job losses.”  USBIC President Kevin Kearns said, “Once
again the Obama administration is forcing our domestic producers to pay the price of U.S. diplomacy
repeating an ineffective Washington tradition of buying foreign cooperation with U.S. market
share.”

April 6, 2010

Glen Raven Plant Receives WAIT Certification

Glen Raven, N.C.-based technical fabrics manufacturer Glen Raven Inc.’s Anderson, S.C.,
manufacturing center has received Wildlife and Industry Together (WAIT) certification from the S.C.
Wildlife Federation, a nonprofit organization that sponsors WAIT to encourage businesses to protect
natural areas near plant locations while promoting employee and community wildlife education.

Glen Raven developed an ongoing habitat plan for its 1 million-square-foot Anderson facility,
which sits on a 180-acre site including 130 acres of undeveloped land. The habitat features
wildlife nesting and feeding areas and a Fence Garden — built by a local elementary school with
assistance from the plant — near the facility’s entrance. The plant is the main manufacturing
center for the company’s Sunbrella® performance fabrics.

“WAIT certification requires a long-range habitat plan of three to five years,” said Rodney
Jones, technical finishing section leader and task group chair, Glen Raven. “Our long-term plan
includes labeling of plants and trees around the plant and construction of a nature trail. We also
envision creating an orchard that will provide a food source for wildlife.”

“We have eliminated all waste going to landfills from our plant, and we have achieved
certification under the internationally recognized environmental standard ISO:14001,” said Tracey
Sanders, quality engineer at the Anderson plant and a task force member. “All of these programs
have required the commitment and the involvement of everyone who works at Anderson plant. We view
environmental protection as an essential element of our work.”

April 6, 2010

PGI To Expand Waynesboro Plant, Add 41 Jobs

Charlotte-based nonwovens producer Polymer Group Inc. (PGI) plans to invest at least $65 million to
expand its Waynesboro, Va., manufacturing plant, with the expectation of adding 41 jobs to its
workforce. As part of the investment, the company will purchase high-technology equipment that will
enable it to establish a new, state-of-the-art spunmelt manufacturing line with proprietary
value-add capabilities. PGI will add 90,000 square feet to the existing 200,000-square-foot
facility to make room for the new line, which will allow the company to increase production of
spunbond products for the hygiene, medical and select industrial and consumer wipes markets as well
as expand its spunbond product offerings for the hygiene and select industrial markets.

“This expansion will result in a significant capital investment and create many new, high
paying jobs in the Shenandoah Valley,” said Virginia Lieutenant Governor Bill Bolling. “Hopefully,
this announcement will be the first of many more to come as we work to get our economy moving again
and create the jobs we need to secure a more prosperous economic future for the people of
Virginia.”

PGI chose the Waynesboro facility over its Mooresville, N.C., plant for the planned
expansion. The Virginia Economic Development Partnership worked with the City of Waynesboro and the
Shenandoah Valley Partnership to help secure the project for the state. Incentives include: a
$750,000 grant from the Governor’s Opportunity Fund and a $750,000 performance-based grant from the
Virginia Investment Partnership Program; plus 15 acres of gifted land, a $1.75 million property tax
rebate program, and a $550,000 site improvement grant from the City of Waynesboro.

 “This planned expansion in product capability and capacity is part of PGI’s ongoing
strategy to provide superior solutions to the marketplace and meet our customers’ needs,” said
Veronica “Ronee” Hagen, CEO, PGI. “The efforts of the Virginia Economic Development Partnership and
local Waynesboro officials to address and meet our unique needs through their combined incentive
package have allowed us to make this planned expansion possible in Waynesboro.”

Construction will begin in the second quarter of 2010, with production commencing in the
second half of 2011. All new employees will be hired and in place by the second quarter of 2011,
according to Clifford Bridges, senior director of corporate communications, PGI. 

April 6, 2010

The Rupp Report: The 30th Global Summit Of The Cotton Industry

Whenever Bremen calls for the next edition of the International Cotton Conference, the global
cotton professionals are there. The 30th International Cotton Conference took place March 24 – 27
in the historic city of Bremen, Germany. This year, the Bremen Cotton Exchange and the Fibre
Institute Bremen welcomed some 500 participants from 41 countries.

The conference agenda reflected the changes and developments on the global cotton market: Not
only were the latest research results presented, but also hot issues like genetic engineering and
sustainability, which have received in the past years — and not only in Bremen — growing
interest.



Great Feedback


The cotton industry too was facing a turbulent time in the financial crisis. The Rupp Report
has reported regularly about several issues of the cotton industry. In his speech, Wolfgang
Vogt-Jordan, president of the Bremen Cotton Exchange, also mentioned some of the current problems,
but also hopes for the future. He was pleased that in spite of the economic crisis, almost 500
participants from 41 countries gathered in Bremen for the conference, which is undoubtedly the most
important event for the global cotton industry.

Trading Mechanisms Washed Away

Vogt-Jordan said that over the past two years, there has been great turmoil, and not only in
the cotton world. “In March 2008, erratic movement on the futures and options market brought
serious problems to the cotton industry and cotton trade,” he said. “Almost like in a tsunami,
hedging instruments and trading mechanisms were washed away and suspended, with wide-ranging and
extremely negative consequences for the entire textile industry. Even up to today, the
after-effects of these developments continue to affect our economic sector.”

He gave one example and asked: “What effect do the decline and the disappearance of renowned
cotton trading companies have on trade and the textile industry?” His belief is “that the reduction
in the number of suppliers and traders definitely does influence competition in international
cotton trading. The heavily reduced willingness of banks to provide sufficient credit to trade and
industry must also be seen as a result of the events of the past few years and the resulting
economic recession. This is still a great problem for the entire textile industry.”

A Look Into The Crystal Ball

In his outlook, referring to considerably higher prices in 2009, Vogt-Jordan said, “We have
observed a strong increase in prices, both on the futures and options markets, as well as in
physical prices, since the beginning of the year.” He mentioned that cotton prices increased
sharply in February 2010. The Cotlook A Index rose from 75.35 cents per pound on February 1 to
85.55 cents per pound on February 26. In his view, cotton prices are supported by strong
fundamentals such as the reduced production and rebounding mills, and the increased use is expected
to generate a 15-percent drop in global cotton stocks.

“Higher prices paid for 2009/10 cotton will encourage farmers to increase cotton plantings in
2010/11,” he said. “World cotton production is forecast to rebound by 10 percent to 24.4 million
tonnes. World cotton mill use is expected to continue to recover in 2010/11, growing by 3 percent
to 24.8 million tons driven by continued improvement in global economic growth.”



The Shift Of Production …


As a matter of fact, Europe lost its importance as a location for the primary textile
industry, like spinning and weaving. However, cotton is still the single-most important textile
fiber, accounting for around 40 percent of total fiber usage. According to Vogt-Jordan, the amount
of cotton traded worldwide is currently at a record level of approximately seven million metric
tons. “And there are still more than 80 producer countries which are producing a raw material whose
price is changing daily and whose quality changes from crop to crop, just as it did 150 years ago,”
he added.



… And The Needs For Standardization


Everybody knows that the direction has changed, sometimes painfully for industrialized
nations in Europe, Japan and the United States. Today, the music of the cotton industry is playing
mostly in China, India and Pakistan. In this move, it is of greatest importance to Vogt-Jordan
“that the cotton organizations provide a central function, in order to keep this volatile raw
material on the right track with reliable and neutral regulations. For worldwide trade there is the
need for a uniform set of regulations and a strong, accepted cotton organization. For this reason,
the Bremen Cotton Exchange adopted four years ago the trading rules of the International Cotton
Association (ICA) in Liverpool. Currently, there are intensive discussions about the further
cooperation between the ICA and the Bremen Cotton Exchange.”

Textile World will keep the readers of the Rupp Report updated on this subject.

April 6, 2010

Sponsors