08-18-2017(2) Carmichael Report

Unifi has signed a letter of intent to enter into a J/V in Guatemala: Read the press release here…   AKC Note: Apologies for being late in sending out this link – I was out of the country in early August when it originated and was not able to send a...

08-18-2017 Carmichael Report

News was being circulated at the end of July that Oppermann GmbH has agreed to buy Southern Weaving and we understand from market sources that the transaction is now completed. The attached is the announcement from the end of July: Read the press release here…...

08-15-2017(2) Carmichael Report

Indorama announces acquisition of DuraFibers plants in Mexico and France: Read the press release here…   AKC Note: As anticipated (see Carmichael Report July 27) Indorama is now confirming the acquisition of the DuraFibers plant in Queretaro Mexico with...

08-15-2017 Carmichael Report

It is reported that VF Corporation has agreed to purchase Williamson – Dickie: Read the press release here…   AKC Note: VF continues to grow its portfolio of leading brands with this acquisition complementing existing workwear brands in the group. The...

08-09-2017 Carmichael Report

The following press release announces that Fiber Industries LLC will restart the ex Wellman Palmetto plant in Darlington SC for production of polyester staple fiber: Read the press release here…   AKC Note: The plan to restart the Palmetto plant of Wellman...

07-28-2017 Carmichael Report

Various media outlets are covering the birth of a new textile company in Tennessee. The company is named Textile Corporation of America and it is promising to create 1,000 jobs: Read the press release here…   AKC Note: Nothing much is known to me about the...