Texkimp Expands

England-based unwinding creels manufacturer Texkimp Ltd. is expanding. The company has relocated to
Swan House, a new 18,500-square-foot facility that houses a factory as well as the headquarters of
its parent company Cygnet Group Ltd. Over the last four years, Texkimp has doubled in size and now
employs approximately 50 people and has revenue of more than 9 million euros. The company not only
is growing in the textiles business but also is expanding into the field of engineering, including
threadless pipe joining technology for marine oil and gas applications.

Texkimp has seen an increasing demand for its VHD-F creel, as well as for other creels that
support bobbins weighing 300 kilograms or more. It soon will install a 432-bobbin version of the
VHD-F creel at a United States-based company that will use the creel for unwinding
polyacrylonitrile, which then will be oxidized and converted to carbon fiber. Texkimp also has
customers for the VHD-F creel in China, Turkey, and Taiwan, and exports 99 percent of its products
to countries including China, Vietnam, India, Korea, Russia, Poland, Iraq and Saudi Arabia. Last
year, the company partnered with Germany-based Karl Mayer Textilmaschinenfabrik GmbH to manufacture
tape creels
(see ”
Mayer, Texkimp Announce Partnership
,” July 8, 2008)

Texkimp says it also sees new opportunities in large yarn packages. The company reports it
has a full order book for 2009.

March 31, 2009