Strahm Sells Santex Shares Starts New Company

Santex
Holding AG, Switzerland, has purchased all shares held by Christian Strahm, founder and formerly
the largest single shareholder of the company. With the sale, Santex said, Strahm also has resigned
as director of the board.In related news, Strahm has announced the founding of Strahm Textile
Systems AG. The company, headquartered in Switzerland, will develop drying and thermobonding
convection ovens for textile and other industries. The company said new systems will be branded
with the name HiPer.

November 2003

Ross To Address NTA Annual Meeting

Ross To AddressNTA Annual MeetingTurnaround specialist Wilbur L. Ross Jr. will present the keynote
address at the Boston-based National Textile Associations (NTAs) 149th Annual Meeting, to be held
Nov. 9-11 in Ponte Vedra, Fla.Ross, chairman and CEO of WL RossandCo. LLC, New York City, is
expected to describe his plan for revitalizing US manufacturing industries. Following earlier
investments in the US steel industry, Ross recently has turned to textiles, having made a
successful bid to acquire Burlington Industries Inc., as well as a bid to purchase Cone Mills
Corp., which recently filed for Chapter 11 bankruptcy protection.The meeting also will present two
panel discussions. Penetrating Markets Worldwide will feature panelists Filiep J. Libeert,
Libeltex, and president, Euratex; and Duncan Whitehead, Quaker Fabric Corp. Healthcare Cost and
Workers Compensation will feature Bonnie Brook, StephensonandBrook; and Neil Trautwein, National
Association of Manufacturers.
November 2003

Gaston International Changes Name

Gaston International LLC, Lincolnton, N.C., has changed its name to TPS Machinery LLC. According to
the company, the new name reflects its world-class technology, competitive pricing and local
support. All contact information remains the same.

November 2003

JLG Unveils Pro-Fit Electric Scissor Lifts

JLG Industries Inc., Hagerstown, Md., now offers the Pro-Fit Series of electric-powered scissor
lifts. The company says the lifts provide economical operation with longer duty cycles, higher
capacities and larger platforms than other scissor lifts.Features include an electric drive system
with two independent electric motors for the drive wheels, and a hydraulic system that has a single
assembly combining the hydraulic lift pump, reservoir and motor with the lift cylinder.

November 2003

AFA GDITT Lead Delegation To Domotex

AFA, GDITT Lead Delegation To DomotexThe American Floorcovering Alliance (AFA), Dalton, Ga., and
the Georgia Department of Industry, Trade and Tourism (GDITT) are set to lead a group of companies
to Hannover, Germany, for Domotex, to be held Jan. 17-20, 2004. Any Georgia-based company that
wishes to exhibit at Domotex is invited to participate at the Georgia Pavilion, hosted by AFA and
GDITT. The pavilion, to be located in Hall 5, Stand B32, will offer a community lounge, meeting
space and exhibit space.
November 2003

Gulistan Gets New Investment Financing

Gulistan GetsNew Investment, FinancingHampton Capital Partners LLC, Roanoke, Va., has made an
equity investment and will provide mezzanine financing to support ongoing operations at Gulistan
Carpet Inc., Aberdeen, N.C. In addition, Gulistan will receive from Fleet Financial Corp.,
Glastonbury, Conn., a new credit facility, which consists of a term loan, a revolver and a capital
expenditure line. This new investment and recapitalization guarantees the long-term continuity of
Gulistan as an independent company, said Charles D. Kennedy, president, Gulistan.According to
Kennedy, Gulistan will continue to use DuPont Stainmaster® and Wear Dated® fibers in its products.
The company is set to roll out several new Stainmaster carpet styles, as well as Tactesse®
products.
November 2003

BP Introduces PolyBac Berber Primary Backing

BP Introduces PolyBac® Berber Primary BackingDalton, Ga.-based BP Carpet Backings has developed
PolyBac® Berber primary carpet backing, designed specifically for textured, low-stitch-rate loop-
and cut-pile berber carpet styles.BP works closely with our customers to develop products that add
value to the carpets they design, said John Dowdell, general manager, North American Carpet
Backings. PolyBac Berber emerged as a solution to a specific challenge. Our team created this
backing to enhance berbers unique qualities without additional costs.
November 2003

ITMA 2003 Exceeds Expectations

ITMA 2003 Exceeds ExpectationsThe latest edition of ITMA exceeded the expectations of exhibitors
and visitors alike close to 125,000 visitors attended the eight-day exhibition. Orders were taken,
and talk on the show floor was upbeat and optimistic concerning show attendance and new
innovations.On average, close to 18,000 people visited ITMA at the National Exhibition Centre in
Birmingham, England each day. Half of the total number of visitors came from Europe; almost 25
percent came from Asia, Southeast Asia and the Middle East. Countries with the strongest visitor
showing were the United Kingdom, followed by Turkey, Germany, Italy, India, France and
Pakistan.According to the ITMA 2003 Organizing Committee, Weaving was the strongest sector,
followed by Spinning; and visitors to the Knitting sector reached the same numbers as ITMA 99, held
in Paris. Alberto M. Saachi, president of the Association of Italian Textile Machinery Producers
(ACIMIT), commented on the continuing relevance of the global textile machinery show. ITMA is still
perceived by exhibitors and visitors as the crucial sector trade fair and is still a byword for
success, also because of the considerable innovation of the products exhibited, Saachi said. This
is why ACIMIT will now work even harder so that the next edition, to be held in 2007 in Munich,
Germany, can once again be a not-to-be-missed opportunity for textile machinery manufacturers and
for textile operators the world over.Look for
Textile Worlds ITMA 2003 Flash Report in the November issue.
TW‘s December edition will focus on general highlights of the show. ITMA 2003 coverage
continues in 2004: January will focus on innovations in opening, blending, carding, spinning and
material handling; February will feature weaving preparation, weaving, knitting and nonwovens; and
March will highlight dyeing, printing, finishing and quality control developments.
November 2003

Meriturn Bids For Johnston Industries

Meriturn BidsFor Johnston IndustriesColumbus, Ga.-based Johnston Industries Inc. has signed a
letter of intent from Meriturn Partners LLC, Raleigh, N.C., and San Francisco, to purchase a
substantial portion of Johnstons assets. Earlier this year, Johnston and its subsidiaries filed for
Chapter 11 protection under the US Bankruptcy Code.The bid covers Johnstons technical textiles,
decorative fabrics and all other operations except fiber products. The company is seeking separate
bids for that business.Meriturn intends to continue to operate and grow the company, according to
Marvin A. Davis, chief restructuring officer, Johnston Industries. All current management and
employees will be retained.
November 2003

Boehme Filatex Increases Production

Due to growing demand, Reidsville, N.C.-based Boehme Filatex Inc. continues to expand
production of its Hipochem CP-OS moisture-management and soil-release product in the United States.
The company obtained the product in 2002 through its acquisition of High Point Textile Auxiliaries,
High Point, N.C. It already has enlarged its Hipochem CP-OS processing capacity by more than 50
percent since July 2003.

November 2003

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