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2015-04-29 16:00:00
Myanmar next best destination for international textile sector
Low wages, plentiful labour and an image problem in neighbouring Bangladesh have all boosted Myanmar’s chances. The international textile sector has discovered Myanmar as next best destination
2015-02-26 17:00:00
Indian economy surges as other big developing market stumble
Multinational companies are looking to expand their Indian operations or start new ones as the stock market and rupee are surging. The growth in India's economy, long a laggard, just matched China's
2015-02-02 12:00:00
British carbon fiber textile firm plans to invest $12mn at new county facility
British-based carbon fiber textile manufacturer Sigmatex announced its plan to invest $12 million in a facility at the John W. Matthews Jr. Industrial Park.at the Orangeburg Countr facility over the
2015-01-31 10:00:00
Labour unrest at Suryalakshmi Cotton Mills denim plant in Nagpur bring production to a halt
Suryalakshmi Cotton Mills denim plant at Ramtek near Nagpur, Maharashtra which is equipped with the state of the art machines to produce world class having a capacity to produce 40 million meters of
2015-01-21 10:00:00
Heytex German Textile Company takes over Pulaski textile manufacturer BondCote
A German textile manufacturer Heytex as part of a global growth strategy to expand its worldwide portfolio has acquired Pulaski based company BondCote, which also produces textile goods. As the two
2014-10-27 13:00:00
Thai garment exports likely to see flat growth rate in 2015
Due to the uncertain economic outlook in some major markets , and in the European Union and the United States in particular, Thai garment exports likely to see relatively flat growth in a range of
2014-09-26 11:00:00
Parkdale acquires Summit Yarns’ Mexican manufacturing plant
Gastonia-headquartered Parkdale, which employs 300 workers in Gaston County, confirmed acquisition of Summit Yarns’ Mexican manufacturing plant. This should only strengthen its local and U.S.
2014-05-02 08:30:00
SGR Textiles to set up a state-of-the art yarn manufacturing facility in Eden
Shri Govindaraja Textiles, part of the Shri Govindaraja group, which is a part of the larger Sri Jayavilas group, India’s one of the largest spinning group as part of its expansion after
2014-01-22 17:00:00
SarlaFlex Inc. secured $13 Million in NMTC Financing to expand yarn and thread facility
Sarla Performance Fibers, based in Mumbai, India, under the name SarlaFlex Inc. to redevelop a manufacturing facility in rural South Carolina into the company's first U.S. based yarn and thread plant
2014-01-10 09:45:00
Pakistan textile sector going through speculations with surge of foreign interest
Pakistans textile sector is going through speculations these days with a lot of hearsay has been circulating in the market for the last couple of weeks, about foreign buyers vying for numerous
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