Home / Knowledge / News / Textiles / Texkimp & Web Processing team up to form Cygnet Tex-Web
Texkimp & Web Processing team up to form Cygnet Tex-Web
20
Sep '12
Two of the longest established names in the fibre and fabric processing industry have merged to create a new UK-based business providing complete downstream machinery solutions to the international performance textiles, automotive and aerospace industries.

Creel manufacturer Texkimp has joined forces with Web Processing, the prepreg, coating and laminating specialist recently acquired by Texkimp’s parent company Cygnet Group, to form Cygnet Tex-Web.

The new business combines over 80 years of experience designing and manufacturing engineering solutions to process fibre and fabric for uses including tyre cord, plane engines and high performance clothing.

The merger is expected to bring £50m of manufacturing projects to the UK in the next five years with over 95 per cent of solutions destined for global export. Projects previously subcontracted overseas by Web Processing will now be completed at Cygnet Tex-Web’s state-of-the-art design, assembly and machinery testing facility in Northwich, Cheshire.

“Acquiring Web Processing has taken our process expertise down-line and enabled us to expand the services we can offer,” says Mark Smith, commercial director of Cygnet Tex-Web, who was appointed to lead the merger following a 22-year career with leading textile machinery company Karl Mayer.

“Texkimp is a highly reputable name in the international fibre and fabric processing industry and great ambassador for British engineering and manufacturing. More than 95 per cent of the machines we manufacture are delivered overseas to some of the most prolific businesses in the world and we intend to replicate this success to drive growth across the whole of the Cygnet Tex-Web business.

“With the right design and manufacturing expertise, potential business opportunities for our prepreg, coating and laminating machinery division are considerable.

“Using our established in-house engineering capabilities, space and facilities, we plan to double this size of the business in the next three years while protecting our strength as a niche provider of bespoke engineering solutions and maintaining a flexible, partnership approach to business.”

Texkimp was founded in 1974 and is the only independent creel specialist in the world, designing and manufacturing solutions used in the unwinding and tensioning of fibre. It manufactures 99 per cent of the solutions it designs in the UK and counts of 90 per cent of its business as global export.

Established in 1969, Web Processing is a specialist supplier of machinery equipment used to carry out coating, laminating and flocking processes in a range of industries including technical textiles, composites, paper, plastics, film and foil.

Cygnet Group

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Mike Hoffman
Gildan Activewear SRL

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search