Carmichael Report

There have been reports in the industry for the last 3 months that MAS Holdings of Sri Lanka was negotiating to purchase Acme McCrary of Asheboro, NC. The following link confirms the deal is taking place: Read the press release here…   AKC Note: ACME...

Steve Warner at Beaver Lake Report www.beaverlake6.com has pointed me to an interesting report from a Korean newspaper regarding a Korean yarn spinning company acquiring Buhler Quality Yarns of Jefferson, GA: Read the press release here…   AKC Note:...

We have reported on a number of Asian investments in the US textile industry and the following link is from the Forrest City Arkansas local paper: Read the press release here.   AKC Note: It is not clear from the article how much manufacturing is going to be...

A press release has been issued by Custom Synthetic Fibers announcing a sales partnership with FiberQuest, LLC: Read the press release here.   AKC Note: Custom Synthetic Fibers announced the opening of their 40 million lb rPET based Polyester staple plant in...

The Invista web site is carrying the following: Read the press release here…   AKC Note: There has been a knowledge that discussions over a potential sale of the Invista apparel business have been ongoing for some months, but this is the first time that the...

A press article from Charleston indicates that DuPont is closing its most recent Kevlar production plant: Read the press release here.   AKC Note: Very disappointing and surprising news from DuPont that they are closing the Kevlar plant just outside Charleston....