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Industrial Textiles

Pic: Newtex
US’ Newtex Industries acquires Gentex’s industrial textile division

9th Aug 2023

Newtex Industries has successfully acquired Gentex Corp's industrial textile division, encompassing renowned brands Dual-Mirror and FlexIR. This enhances Newtex's product lineup, particularly in radiant heat shielding. CEO Jerry Joliet emphasises the commitment to safety and the expansion's benefits for industrial and military high-temperature...

Pic: Mann+Hummel
Germany’s Mann+Hummel achieves record high turnover of €4.8 bn in FY22

2nd Jun 2023

In FY22, Ludwigsburg-based filtration company Mann+Hummel posted a record high turnover of €4.8 billion, up from €4.2 billion in the previous fiscal. The company’s EBIT was €176 million in FY22, compared to the EBIT of €191 million in the previous fiscal. Furthermore, the EBITDA was €394 million in FY22, compared to €419 million in FY21.

Pic: RefrigiWear
US’ industrial work wear maker RefrigiWear acquires Samco Freezerwear

30th May 2022

RefrigiWear, a Georgia, US-based supplier of insulated work apparel for the cold chain, has announced its acquisition of Samco Freezerwear Co (Samco). Founded in 1968, Samco is a leading provider of freezerwear, insulated industrial workwear, and other insulated industrial apparel and accessories for workers in the food-related cold chain.

Pic: EINPresswire
Equipment rental company Sunbelt Rentals acquires US’ Mahaffey

17th Dec 2021

Sunbelt Rentals has acquired Mahaffey USA, a leader of temporary and semi-permanent structures. For nearly 100 years, Mahaffey has been providing large-scale temporary fabric structures for businesses, from temporary warehouses and aviation hangars to fire stations and blast-resistant structures, all managed from the company’s Memphis headquarters.

Pic: 3M
American tech firm 3M records 7.1% sales rise in July-Sep quarter

3rd Nov 2021

3M, a technology company engaged in manufacturing of industrial and safety products, posted a 7.1 per cent sales increase to $8.9 billion in the third quarter (Q3) of FY21, over the same period of last fiscal. With the continued growth momentum, the company has further raised its guidance for 2021, and now expects sales to rise between 9-10 per cent.

Pic: Business Wire
Constructions begin at new Hexcel Centre of Excellence in Utah

20th Oct 2021

Hexcel Corporation recently hosted public officials, customers and local contractors at its manufacturing site in Utah as the company broke ground on a flagship Centre of Research & Technology (R&T) Excellence. The advanced composites company’s new centre of excellence will support next-generation developments in advanced composites technologies.

Pic: Made Smarter
DRM Industrial Fabrics among UK digital leaders in Made Smarter scheme

20th Aug 2021

UK specialist technical textile solutions manufacturer DRM Industrial Fabrics is among 60 digital leaders with the vision and the skills to pursue smarter manufacturing through Made Smarter’s Innovative Leadership Programme. Made Smarter is the UK national industrial digitalisation movement to drive productivity and growth of manufacturing industries.

Pic: 3M
US firm 3M forecasts 7-10% sales rise this year

11th Aug 2021

3M, a US-based technology company, has posted 24.7 per cent sales jump to $8.9 billion in second quarter (Q2) of FY21 ended on June 30, 2021, compared to $7.1 billion in same period of previous fiscal. Based on strong first half results, the company has raised its full year guidance for 2021, and now expects sales to rise between 7-10 per cent during...

Pic: Tarps Now
US firm Tarps Now announces expansion of industrial fabric lines

28th Apr 2021

Tarps Now has announced its commitment to expanding the number of lines of industrial fabrics engineered to meet the needs of contractors, heavy industry, oil & gas pipelines, gas and electric utility companies, product manufacturers, fabrication specialists and warehousing operations. Tarps Now is a specialist in custom canvas and vinyl tarps.

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