Promote Greener Fashion Choices, Explore The Power of Bluesign® With SGS

Consumers can easily identify the bluesign® PRODUCT label

TW Special Report

With sustainability now the primary driver in all consumer product markets, SGS — a testing, inspection and certification company — examines the demand for sustainable fashion and the importance of certifications like the bluesign® PRODUCT label for combating greenwashing.

In the global fashion industry, projections indicate that the sustainable segment is expected to grow steadily over the next few years, with a 1.4 percentage point increase between 2023 and 2026.1 This growth is partially driven by younger generations who define themselves as environmentally conscious and are reaching economic maturity.

Barriers to sustainability

Choosing a product that is truly sustainable can be a challenge for consumers. Markets are flooded with products that claim environmental credentials, but how many of these claims can be trusted?

In a 2022 survey of US consumers, 54% stated they found it confusing to identify which fashion items were environmentally friendly, with only 5% strongly disagreeing and saying they felt it was easy.2 Part of the difficulty is that many consumer product markets are now blighted by ‘greenwashing’, defined by the European Union as, “the practice of giving a false impression of the environmental impact or benefits of a product, which can mislead consumers.”3

The proliferation of claims and labels can make it challenging for the eco-conscious consumer to find a product that genuinely meets their requirements. What they need is reliable certification, provided by a trusted and independent verifier, that confirms a product meets clearly defined standards for sustainability.

bluesign® PRODUCT

The bluesign PRODUCT label provides consumers with assurance that the product they buy adheres to the highest safety standards, meets minimum requirements for environmental and human impact, and is made using responsibly sourced materials. This label can be applied to:

  • Clothing, including denimwear;
  • Home textiles, excluding carpets and textile wall coverings;
  • Equipment – tents, luggage, etc.; and
  • Footwear, excluding brown shoes.

Certification is achieved following a rigorous assessment of the product and its supply chain, evaluating factors such as energy, water and chemical consumption, CO2 emissions and waste generation. Supply chain impact data for these parameters is collected from brands, materials manufacturers and chemical suppliers, providing a clear overview of the environmental performance of the inputs, facility and product.

The criteria for bluesign® PRODUCT certification are complex, building confidence in the assessment process and label. Certified apparel must meet the following requirements:

  • Possess a textile character;
  • At least 90 percent of the fabric used in the apparel must be bluesign APPROVED;
  • At least 30 percent of the accessories used in the apparel must be bluesign APPROVED (rising to 40 percent from 2027);
  • All components (fabrics or accessories) not bluesign APPROVED must be supplied by a qualified supplier and must meet the brand’s restricted substances list (RSL); and
  • If an additional claim is applicable for the certified apparel (e.g. organic cotton), third-party certification must be available.

In addition, there are specific requirements for denim manufacturers regarding the use of indigo dyes, laundry practices and sandblasting. To be certified as a bluesign® PRODUCT, denim products must meet the following criteria:

  • Outer fabric must be at least 90 percent denim;
  • 100 percent of the denim fabric must be bluesign APPROVED;
  • 90 percent of textiles must be bluesign APPROVED (rising to 40 percent from 2027);
  • All components (fabrics or accessories) not bluesign APPROVED must be supplied by a qualified supplier and must meet the brand’s restricted substances list (RSL);
  • Prohibited practices include chlorine bleaching, pumice stonewashing, sandblasting, and the use of potassium permanganate (PP) and powder-based enzymes;
  • If an additional claim is applicable for the certified apparel (e.g. organic cotton), third-party certification must be available

In the case of footwear, alongside the requirements for additional claims and non bluesign APPROVED components, certification demands that 90 percent (by area) of skin contact materials (textile upper, lining and insole), midsole and outsole, and at least 30 percent of total accessories, must be bluesign APPROVED.

Consumer Benefits

Purchasing a bluesign PRODUCT provides consumers with assurance that the product meets exacting standards for environmental impact reduction and better working conditions in the supply chain. It guarantees transparency and trustworthiness in an era when greenwashing is a significant issue.

Consumers can easily identify the bluesign PRODUCT label, which can be found as a hangtag, sewn-in label or printed on the garment and/or packaging. They can also shop for bluesign PRODUCTs via the bluesign SHOP.

SGS & bluesign

SGS joined forces with bluesign in 2008 to develop its services and strengthen the independent bluesign SYSTEM solution. From fiber to finished product, bluesign partners with brands, manufacturers and chemical suppliers to promote safer workplaces and textile products that are less impactful on the environment and people.


References:

1 Global: sustainable apparel revenue share 2013-2026 | Statista

2 Confusion over sustainability of clothes U.S. 2022 | Statista

3 Stopping greenwashing: how the EU regulates green claims | Topics | European Parliament (europa.eu)


October 15, 2024

Topo Athletic Adopts eVent Fabrics Plant-Positive BIO Footwear Laminate, Updates Two Classic Styles

KANSAS CITY, Mo.   — October 15, 2024 — eVent®️ Fabrics, a global supplier of waterproof and breathable fabric technologies, is officially supplying its planet-positive eVent BIO™ Footwear waterproof/breathable laminate to Topo Athletic, leaders in sustainably-minded footwear for walking, running, and hiking.

The eVent BIO Footwear technology is currently being used in the Topo Terraventure 4 WP trail shoe and the Trailventure 2 WP hiking boot. Both shoes offer comfort, performance, and now, an eco-friendly waterproof/breathable membrane.

“We are delighted to be partnering with Topo Athletic, a brand that embraces outdoor activity and sustainably-minded products,” said Chad Kelly, president of eVent Fabrics. “Our BIO Footwear offering helps brands like Topo maintain high levels of performance while also lowering their environmental impact. We’re pleased to see this relationship grow.”

Designed to withstand any weather conditions, BIO Footwear is a waterproof and planet-positive laminate that combines cutting-edge technology with highly renewable plant-based materials. BIO Footwear offers good abrasion resistance, ensuring your shoes stand the test of time. From rugged outdoor adventures to everyday wear, BIO Footwear is ready to take on any challenge while keeping your feet dry, comfortable, and blister free.

The waterproof version of the lightweight, rugged, and versatile trail runner and hiker, the Terraventure 4 WP is built to take on wet conditions. The upper features an eVent® BIO footwear bootie construction to lock water out, while the tightly woven mesh provides a secure and durable fit. The 25 x22 mm platform combines moderate cushioning with a forefoot rock plate for a comfortable and protective ride. The Vibram® Megagrip outsole offers superior traction and slip resistance on all terrain, especially in wet conditions.

The Trailventure 2 WP’s mesh upper features a full eVent® BIO footwear waterproof bootie construction, while the ZipFoam™ midsole and external TPU heel counter offer comfort and security. Gaiter attachments work with Topo’s Performance Gaiter to keep dirt and debris out. The Vibram Megagrip outsole provides grip on all surfaces, while the full-length ESS rock plate offers protection and stability.

Posted: October 15, 2024

Source: eVent® Fabrics

ACIMIT: The Italian Textile Machinery Industry In China To Exhibit At ITMA ASIA + CITME 2024

MILAN  — October 15, 2024 — About 50 Italian companies will exhibit at ITMA ASIA + CITME 2024, taking place from October 14 to 18 in Shanghai. With an area of around 1,400 square meters, Italy ranks among the top exhibiting Countries, as in previous editions. 29 Italian exhibitors will show their innovations within the National Sector Groups, organized by ACIMIT (Association of Italian Textile Machinery Manufacturers) and Italian Trade Agency.

ITMA ASIA + CITME show has always been the main showcase for textile machinery manufacturers in Asia, that absorbs more than 50 percent of global exports. Moreover China is the world’s largest market in the sector (the value of imported textile machinery in 2023 was around 2.6 billion euros).

For Italian manufacturers as well, the Chinese market is the top foreign destination. In 2023, Italian sales to China amounted to 222 million euros. In the first six months of this year, exports to China increased by 38 percent, while the performance of total Italian exports declined slightly in the same period.

“We hope that the recovery of the Chinese market, observed in this first half of the year, may be an early indication of a more general upturn in global demand for machinery,” said ACIMIT President Marco Salvadè.

Over the past few years, demand from Chinese companies has turned to technologies that combine savings in production costs and environmental friendliness, as also demanded by brands and end consumers.

“Today, Italian manufacturers can offer highly customized solutions that are particularly suited to making textile production more sustainable,” Salvadè confirmed. “The Chinese textile machinery market is rapidly evolving, and the level of innovation in the technology requested has risen due to the growing international competition that even Chinese companies face. In Shanghai, Italian manufacturers will display their latest innovations, essential for making textile production more efficient and sustainable.”

ACIMIT (Association of Italian Textile Machinery Manufacturers) represents an industrial sector that comprises roughly 300 manufacturers (employing around 13,000 people), which produce machinery for a turnover worth of around 2.3 billion euro, of which 86% are exported. Creativity, sustainable technology, reliability and quality are the hallmarks that have made Italian textile machinery worldwide leaders.

Posted: October 15, 2024

Source: ACIMIT — Association of Italian Textile Machinery Manufacturers

DyStar Clinched Champion Award At The Adidas adiFormulator Award 2024

SINGAPORE  — October 15, 2024 — DyStar, a specialty chemical company with a heritage of more than a century in product development and innovation, is proud to announce that it has clinched the Champion Award for its outstanding contribution and performance at the Adidas adiFormulator Award, an annual program launched in 2023.

Fanny Vermandel, vice president of Global Marketing Coloration at DyStar Group, said: “DyStar is very pleased to receive the newly minted accolades from Adidas, as it further demonstrates our unwavering commitment to supporting the success of our customers, including brands and retailers, in their sustainability journey towards achieving their 2030 goal of 100 percent ZDHC MRSL Conformance.”

As a responsible leader in dyestuff and chemical manufacturer, DyStar offers over 2,100 products listed on the ZDHC Gateway that meet the ZDHC MRSL V3.1 specifications. Brands and Retailers and other stakeholders can leverage DyStar’s expertise to support their journey towards ZDHC MRSL conformance. To date, 99.7 percent of DyStar’s products listed on ZDHC have achieved the highest accreditation level of 3.

Customers can also be assured through DyStar’s econfidence® program which specifically supports product safety and ecology issues associated with the manufacture and marketing of its products. Launched in 2003, the program initially served as a foundation for eco-compliance.

To learn more about DyStar’s Sustainable Solutions, visit us at:

www.dystar.com/decarbonization-of-the-textile-supply-chain/

Posted: October 15, 2024

Source: DyStar

 

Suedwolle Group Launches Innovation Hub Story In Cooperation With Designer Rico Lee

NUREMBERG, Germany  — October 14, 2024 — Suedwolle Group is announcing its latest project, Fashion meets function, created in collaboration with renowned designer Rico Lee. This collection showcases the versatility of Merino wool, blending style and functionality to meet the needs of active, urban lifestyles.

The collection merges Suedwolle Group’s premium Merino wool yarns with cutting-edge functional fashion. While Merino wool is admired for its luxurious feel, it is increasingly being recognized for its high-performance properties, such as moisture-wicking, thermal regulation, and odor resistance. This makes it an ideal fabric for activewear, offering both elegance and performance.

The collaboration with Rico Lee brings together technical innovations and stylish design. His vision of versatile, adaptable clothing aligns with the demands of city commuters, whose garments must transition effortlessly from casual settings to more active environments.

Developing this collection required balancing fashion-forward aesthetics with the technical demands of functional textiles. A key challenge was creating custom wool fabrics that could offer both comfort and performance, ensuring that the garments would withstand daily wear while maintaining durability.

The decision to use Suedwolle Group’s yarns, like Stelvio Betaspun® Nm 100/1, Banda Tec Nm 37/1, or Winton Nm 60/1, was essential. Known for their soft texture, particularly ideal for sensitive skin, the yarns strike the perfect balance between performance and comfort. Their breathability and odour resistance make it an ideal choice for functional fashion, catering to the demands of urban life on the move.

The result is a collection that breaks traditional boundaries. Each garment is versatile, offering thermal-regulating properties and seamless transitions between different settings. These pieces are meticulously crafted to enhance convenience while maintaining the high-performance standards expected of high-quality wool textiles. Additionally, wool’s anti-wrinkle and elastic properties ensure a polished look that adapts to the wearer’s body, making it a strong contender in modern sportswear.

Reflecting on the project, Rico Lee said, “The most exciting part of this project was witnessing how wool can redefine activewear, combining sophistication with high performance.” This collection demonstrates that wool is not only a fabric for warmth and comfort but is also essential in creating sustainable, eco-friendly activewear, setting a new standard in functional fashion.

Suedwolle Group views this collection as a significant step forward in showcasing wool’s potential in performance fashion. Looking ahead, the company plans to explore more rugged, outdoor-focused designs, utilising wool’s thermal-regulating and durable qualities to their fullest extent, reinforcing its place as a top contender in both fashion and performance wear.

For more information on the Fashion meets function collection, please visit Suedwebs – Fashion Meets Function.

Posted: October 15, 2024

Source: Suedwolle Group

SGS On Why Rigorous Testing Matters For Antiviral Products

Trust in antiviral claims can only exist if the claim is backed by rigorous testing.

By Jack Yuen

SGS — a testing, inspection and certification company — works with manufacturers and suppliers of disinfectants, antiseptics, textiles, leather goods, plastics and furniture materials to help them assess the virucidal qualities of their products.

The 2020 COVID-19 pandemic brought about significant changes in the way we live and deepened our understanding of viruses. With the pandemic thankfully fading into the past, what can manufacturers do to ensure antiviral products continue to protect consumers?

Disease spread can be rapid in an interconnected world, crossing borders and significantly impacting global health and economies. Preventing virus transmission is difficult because disease can spread via several different vectors — aerosol, droplet, contact with a contaminated surface, etc. Alongside vaccination and the proper use of personal protective equipment (PPE), effective utilization of hygiene products, such as disinfectants, antiseptics and antiviral surfaces in public spaces, is crucial for reducing disease transmission.

Heightened Public Awareness

Public awareness of how easily viruses can spread via everyday items was enhanced during the pandemic. Personal experience meant consumers were suddenly aware of the real risks associated with viruses and the fact some pathogens can linger for extended periods on surfaces like office doors, kitchen countertops, mobile phones and clothing. This led to greater demand for products with proven antiviral properties.

Antiviral Testing

Trust in antiviral claims can only exist if the claim is backed by rigorous testing. Several antiviral efficacy standards exist enabling manufacturers to verify the claims they make relating to antiviral properties. However, not all standards apply to all products and so manufacturers are advised to work with expert testing laboratories to select the appropriate internationally recognized standard for their product.

Useful testing standards include:

  • Disinfectants and antiseptics: EN 14476 assesses virucidal activity against common viruses like Vaccinia virus, Human adenovirus 5, Human poliovirus type 1, and Murine norovirus strain S99 Berlin. Viruses are incubated on test samples under specific conditions set by the manufacturer and standard, such as contact time and temperature
  • Textiles: ISO 18184:2019 evaluates the antiviral activity of textiles against viruses like H1N1, H3N2 and Feline calicivirus. Virus particles are applied to textile samples and reference fabrics, incubated, and the remaining viral load is quantified to determine efficacy
  • Plastics and non-porous materials: ISO 21702:2019 is used to assess the virus-stopping abilities of plastics and other non-porous materials. The testing process is similar to ISO 18184

These tests allow manufacturers to confirm the virucidal efficiency of their products, which is especially important when items are used by multiple people and the risk of pathogen spread is increased.

Additional Benefits

For manufacturers, ensuring product effectiveness is paramount. However, applying these stringent test methods to relevant consumer products offers additional advantages. As consumers become more aware of the risks of viral transmission via surfaces, products that demonstrate proven efficacy will gain greater consumer trust and help build a brand’s reputation. Testing also reduces liability and enables market differentiation.

SGS Solutions

Delivered through a global network of state-of-the-art laboratories, SGS’s testing solutions cover the full range of standards, including EN 14476, ISO 18184 and ISO 21702. Whatever the consumer product, SGS services help to ensure goods are safe, high-performing and market ready.


Jack Yuen

Editor’s Note: Jack Yuen is Health & Nutrition Sustainability Development deputy director at SGS. Geneva.


October 15, 2024

Global Sae-A Group Completes Construction of 36,000-Spindle Third Spinning Mill in Costa Rica

CARTAGO, Costa Rica — October 14, 2024 — Global Sae-A Group, the holding company of Sae-A Trading, one of the world’s largest apparel manufacturer, held an opening ceremony for its third spinning mill in Costa Rica on October 11.

The ceremony was attended by prominent figures including President Rodrigo Chaves Robles of Costa Rica, Minister of Foreign Trade Manuel Tovar, Korean Ambassador Keun Seok Jeon, and over 80 buyers.

From left to right: Jina Kim, CEO of Global Sae-A; Sang Soon Han, CEO of Sae-A Spinning; WK Kim, Chairman of Global Sae-A; President Rodrigo Chaves; Keun Seok Jeon, South Korean Ambassador to Costa Rica; Manuel Tovar Rivera, Minister of Foreign Trade; Saila Kim, Vice President of Sae-A Trading; and Debora Moon, CEO of Sae-A Trading celebrating the opening of Sae-A Spinning’s third spinning mill.
Photo — Global Sae-A

In his remarks, President Rodrigo Chaves said, “This is an occasion to once again reaffirm the cooperative relationship we have built on trust, stability, and mutual respect with Global Sae-A, which has played a central role in Costa Rica’s development.”

The newly completed third spinning mill of Sae-A Spinning is located in Cartago, about 20 kilometers southeast of the capital, San José. The facility has a capacity of 36,000 spindles and can produce 8 million kilograms (kg) of yarn annually. With this addition, Sae-A Spinning’s total capacity now reaches 106,000 spindles, securing an annual yarn production of 24 million kg. This expansion enhances economies of scale and positions the company to flexibly meet the evolving demands of its global customers.

Global Sae-A entered the Costa Rica market in 2015, establishing its yarn production facility, Sae-A Spinning, which produces high-quality yarn. The company achieved full vertical integration of the entire apparel manufacturing process — from spinning, knitting, dyeing, and sewing — a first for Korea’s apparel OEM industry.

Over the past decade, Global Sae-A has invested $200 million in Costa Rica, starting with the operation of its first mill (34,000 spindles, 8 million kg annual production) and followed by the completion of its second mill in 2022 (36,000 spindles, 8 million kg annual production). With the completion of its third mill, Sae-A Spinning has tripled its production capacity and expanded its ability to produce a wide range of yarns in response to rapidly changing market trends.

Global Sae-A continues to explore investment opportunities in Latin America, in alignment with the growing near-shoring trend, where buyers seek to position production facilities closer to consumer markets.

WK Kim, chairman of Global Sae-A Group, commented: “With this expansion, we are optimizing CAFTA tariff benefits for duty-free exports to the U.S., further strengthening the global textile supply chain.

“Sae-A Spinning has been a leader in sustainability by using 100-percent U.S.-grown cotton, ensuring traceable and eco-friendly production processes. We remain committed to maintaining our leadership through our traceability system, sustainability certifications, and green manufacturing processes.”

Global Sae-A Group continues its growth as a global conglomerate, encompassing the world’s largest apparel manufacturer and exporter Sae-A Trading, fabric manufacturer Wintex, sportswear production specialist Tegra, fashion brands In The F and S&A, as well as the top-ranked international construction company Ssangyong Engineering & Construction, and corrugated paper and packaging company Tailim.

Posted: October 14, 2024

Source: Global Sae-A Group

Milliken’s “Meet The Makers” Series Highlights Contributions Of Manufacturing Associates

SPARTANBURG, S.C. — October 14, 2024 — Milliken & Company, a global leader in diversified manufacturing, today launched the “Meet the Makers” spotlight series, (https://contact.milliken.com/manufacturing-careers-milliken-company?utm_campaign=manufacturing-month&utm_medium=press-release&utm_source=wire&utm_content=learn-more) featuring the remarkable people whose dedication enhances the company’s commitment to innovation, quality, and performance. Through profiles of associates from various plant locations, the series sheds light on manufacturing at Milliken through the individual perspectives of those who help make a world of difference every day.

Milliken & Company, a global leader in diversified manufacturing, launched its “Meet the Makers” spotlight series, featuring the remarkable people whose dedication enhances the company’s commitment to innovation, quality, and performance.

“As we continue to pursue excellence in manufacturing, it’s important to recognize the people who make it all happen,” said Michael Brown, executive vice president of operations at Milliken & Company. “Our manufacturing associates are among the true heroes behind our operational success. Their efforts allow us to safely, efficiently, and reliably deliver high-quality products that meet the changing needs of our customers around the world.”

The series profiles Milliken’s manufacturing associates, showcasing their personal journeys, professional achievements, and the vital roles they play within the company. Highlights include:

Brad Keller, a plant supply chain manager, who reflects on his professional development journey with Milliken and the personal connection that fuels his dedication to ensuring the quality and safety of the products he manufactures. “I’ve got a lot of friends that are firemen, and those guys are coming to help us,” Keller says. “If we can do stuff to keep them safe, that just helps the whole community and the whole country.”

Kayce Parker, a human resource specialist, who embraces her multi-faceted role while also organizing events that foster a sense of community and appreciation among associates. “My favorite part of the job is helping the associates and being the forefront for them,” Parker says. “It’s satisfying to know I can help an associate in whatever they need.”

Rodney Fannin, an engineering services team member celebrating 50 years of service with Milliken this year, who emphasizes the importance of safety, and shares how personally meaningful it is to mentor and train new associates. “It’s special to see someone take to what you’re instructing them in and excel,” Fannin says. “Seeing them go on to higher positions makes me proud.”

Posted: October 14, 2024

Source: Milliken & Company

Holland Industrial Group Announces Auction Of A Complete, Modern Dyeing & Finishing Facility In Fullerton, CA

FULLERTON, Calif. — October 14, 2024 — Holland Industrial Group is excited to announce a major industrial auction of a complete dyeing and finishing facility, former assets of Dae Shin USA Inc., featuring a wide range of late-model machinery. The auction will take place on Thursday, November 7, starting at 8:00 a.m. PST. This event will be held via live webcast for remote bidders, ensuring accessibility for participants from across the country and internationally.

The facility, located at 610 Gilbert St, Fullerton, CA 92833, houses a comprehensive selection of specialized equipment, ideal for businesses in the textile industry. Key assets up for auction include Tenter frames, Dyeing & Finishing equipment, lab equipment, sewing machines, dye house trucks, fabric carts, air compressors, and rolling stock, among many other valuable pieces.

This auction represents an excellent opportunity for manufacturers, fabricators, and investors looking to acquire top-quality machinery at competitive prices. The equipment being auctioned is from a late-model facility, offering well-maintained, high-performance machinery that can add significant value to any operation.

Interested parties are encouraged to attend the inspection day, which will be held on Wednesday, November 6th, from 9:00 a.m. to 4:00 p,m, PST at the Fullerton location. This will provide prospective bidders the chance to review the items and ensure they meet their operational needs.

“This auction offers an exceptional opportunity for businesses to acquire high-quality, late-model machinery at a fraction of the cost of new equipment,” said Alex Holland, senior vice president of Holland Industrial Group. “Whether you’re expanding your operations or upgrading your facility, the assets available in this auction provide immense value.”

For further information or to register for the auction, visit www.Holland Industrial Group or contact Shawn Gaffney, Shawn Gaffney, shawn@hollandindustrialgroup.com

Posted: October 14, 2024

Source: Holland Industrial Group

Indo Count Industries Ltd. Spreads Its Utility Bedding Business To West Coast By Acquiring Modern Home Textiles Inc.

MUMBAI — October 14, 2024 — Indo Count Industries Ltd. announced another strategic move to broaden its Utility Bedding segment.

Indo Count Global Inc. (ICG), a U.S. based wholly owned subsidiary of Indo Count Industries has acquired 100 percent stake in Modern Home Textiles Inc., manufacturer of wide range of pillows and other filled products (Utility Bedding) having its facility located at Phoenix, Ariz., with an annual capacity to produce 8 mn. pillows.

ICG also acquired last month majority stake in Fluvitex USA Inc., a pillow and quilt manufacturing company based in Columbus, Ohio, which has the capacity to produce 5 million. pillows and 1.5 million. quilts. This back-to-back acquisition is a stepping stone to establish an integrated utility bedding business for the North American Market. These acquisitions have different locations one in Midwest and the other one on the West Coast thus providing an efficient distribution base to both existing and prospective customers.

Anil Kumar Jain, executive chairman, commented: “We are delighted to have Modern Home Textiles in the ICIL Group. This strategic acquisition will not only accelerate Indo Count’s ambition to grow the Utility Bedding segment but also significantly enhance its capabilities and market reach. Modern Home Textiles brings innovative sustainable solutions in the utility bedding segment allowing us to serve our customers better and enable us to further expand our US presence. Our investments over the last few months in the USA underscore our commitment to creating more employment opportunities and further strengthen our brand.”

With these two acquisitions, the total manufacturing capacity in the United States will be 13 million. Pillows and an additional capacity of 1.5 million quilts annually. At full capacity, the total expected revenue is $85 million plus. The customer base in both Fluvitex and Modern Home Textile are not overlapping, thus providing a strong projected growth. These investments by Indo Count Global, USA are part of a larger plan to build significant capacities in pillow manufacturing to service the utility bedding customers in North America.

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated eƯects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may diƯer materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.

Posted: October 14, 2024

Source: Indo Count Industries Ltd.

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