American Securities LLC, a leading U.S. private equity firm, announced that, in partnership with management, it has completed the acquisition of Frontier Spinning Mills Holding Corp., a leading producer of cotton yarn for the knitting and ...
India earned nearly US$ 15 billion through exports of textiles and apparel in the first six months of the current financial year 2013-14, according to the latest data released by the Reserve Bank of India (RBI). According to the ...
Helped by strong demand of yarns and fabrics from China, the Pakistan-based Quetta Textile Mills reported a robust growth in its bottom-line for the quarter ended September 2013. The profit after tax of the Quetta Group’s flagship ...
Tags: Quetta Textile Mills, Textile
The exports of textiles and apparel from Pakistan grew by 6.02 percent to US$ 5.684 billion during the first five months of the current fiscal year 2013-14, as compared to exports of US$ 5.361 billion made during the corresponding period ...
Tags: Textile Exports, apparel
China’s Keer Group has unveiled plans to set up the company’s first textile plant in the US, creating more than 500 jobs over the next five years. The 230,000sq ft manufacturing facility in Lancaster County, South Carolina, ...
Tags: Keer Group, textile
ShriVallabh Pittie Group, India, is investing $70 million to build a yarn spinning plant near Sylvania, Ga., and hire 250 employees. The plant will manufacture carded cotton yarn and offer flexible production to meet market demand. "We ...
Tags: textile
Parkdale Mills Inc., Gastonia, N.C., is investing $85 million to expand its spinning facilty in Rabun Gap, Ga., and add 210 jobs. Parkdale acquired the Rabun Gap site from HanesBrands Inc., Winston-Salem, N.C., in 2009. The ...
Tags: textile
China-based yarn spinner Keer Group is investing $218 million to establish its U.S. operations, which will be named Keer America Corp., in Indian Land, S.C. The investment includes construction of a 230,000-square-foot manufacturing ...
Textile mills turn to buy cheaper Indian cotton yarn to cut costs Affected by adverse weather, a reduced planting area and lower Indian cotton prices, China's cotton output is expected to drop sharply this year compared with 2012, which ...
The man-made fibre (MMF) makers are looking forward to an increase in consumption in the global textile and clothing industry at an annual growth rate of 3.3 percent by 2020. In an interview with fibre2fashion, Mr. Friedrich Weninger, ...
Tags: Man-Made Fibre, Textile
Pakistan exported textiles and garments worth US$ 4.691 billion during the first four months of the ongoing fiscal year 2013-14 that started on July 1, 2013, showing a rise of 7.55 percent over exports of US$ 4.361 billion made during the ...
Tags: Pakistan, Textile Exports, Grow
Lingerie specialist Gerhard Rösch supports the Cotton Made in Africa initiative (CmiA) for the first time with its 2014 fall/winter collection. The never out of stock (NOS) collection will be available worldwide starting from August 4, ...
Gastonia, N.C.-based yarn spinner Parkdale Mills Inc. is investing $85 million to expand its facilty in Rabun Gap, Ga., and add 210 jobs. Parkdale acquired the Rabun Gap site from Winston-Salem, N.C.-based HanesBrands Inc. in 2009 after ...
Tags: Textile
ShriVallabh Pittie Group — an India-based industrial group with textile, finance, real estate, retail and jewelry businesses — is investing $70 million to build a yarn manufacturing plant near Sylvania, Ga., and hire 250 ...
Tags: Textile
The Government of India has withdrawn cotton and cotton yarn from Duty Credit Scrip eligibility under the Focus Market Scheme (FMS), with effect from September 25, 2013. ‘Export of cotton’ and ‘export of cotton ...
Tags: Cotton Yarn, Cotton