TEXTILES.ORG
How to make your business attractive to a buyer
December 1st, 2020
Thinking about selling your business—either to an outside party or the next generation? Then it’s time to start considering how your equipment and processes fit into your succession plan. Jonathan Palmer, the second-generation owner and CEO of equipment supplier Autometrix, and Autometrix director of global sales Truy Pham, led an educational session at IFAI Virtual […]
How to make your business attractive to a buyer
November 6th, 2020
Thinking about selling your business—either to an outside party or the next generation? Then it’s time to start considering how your equipment and processes fit into your succession plan. Jonathan Palmer, the second-generation owner and CEO of equipment supplier Autometrix, and Autometrix director of global sales Truy Pham, led an educational session at IFAI Virtual […]
Fluid markets require flexible equipment
August 1st, 2020
Custom manufacturers rely on equipment that multitasks across product lines and markets, with minimal downtime. by Maura Keller Even before the COVID-19 pandemic, every custom end-product manufacturer faced some type of financial challenge. Reduced or canceled orders, customer attrition and market changes always affect manufacturers’ bottom lines. Another commonality among manufacturers is their heavy dependence […]
2019 State of the Industry
April 1st, 2019
Economic growth in 2018 increased in the United States: Gross Domestic Product (GDP) reached 3.0 percent for the first time since 2005. Unfortunately, growth has been down in other advanced economies such as Canada, Japan and Europe. Growth in the emerging economy of China was also down in 2018—reaching 6.6 percent. China’s GDP is projected […]
Honduras transforming textile sector
December 1st, 2017
With a $1.5 billion U.S. investment, Honduras’ textile and apparel sector is investing in cutting-edge technologies to help transform the country into one of the world’s major players in the booming synthetic yarn and activewear market. The funds have been used to modernize sewing machines and other equipment, expand industrial parks, improve port and road […]