Home / Knowledge / News / Textiles / UK's specialist fabric manufacturer renamed WSP Textiles
UK's specialist fabric manufacturer renamed WSP Textiles
09
Nov '11
More than two decades after it was acquired by the US-based Milliken, UK's specialist fabric manufacturer Woollen Speciality Products has been renamed WSP Textiles by its new owner.

Vespa, a UK venture capital business, which has acquired the company for about US$ 40 million, said the acronym WSP recognizes the founding mill owners Winterbotham, Strachan and Playne.

The company, based in Stroud, Gloucestershire, was set up in 1575 and all of its manufacturing is based in the UK. It exports 90 percent of its production, mostly to factories in Asian countries.

Today, the company is the world's largest manufacturer of specialist fabric for coating tennis balls. The fabric is made from a mix of wool, cotton and other materials. WSP supplies the fabric to many top tennis balls manufacturers globally, including the US's Wilson, the UK's Dunlop Slazenger, France's Babolat and Austria's Head.

WSP Textiles is also a world leader in making high-quality textile for snooker tables and today, the Strachan brand dominates the global snooker market.

The new owners of WSP have announced that they will not shift the manufacturing bases out of the UK. They are, however, eyeing market expansion in China, where both tennis and snooker are fast becoming popular.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X