Home / Knowledge / News / Textiles / Universal Fibers buys filament bi-component assets of FIT
Universal Fibers buys filament bi-component assets of FIT
15
Oct '13
In support of its newly created Business Development Group and market diversification strategy, Universal Fibers, Inc. has purchased the continuous filament bi-component production assets of Fiber Innovation Technology, Inc.

Fiber Innovation Technology (F.I.T.), based in Johnson City, Tennessee, develops and produces bi-component and other customized staple fibers. Universal Fibers’ purchase agreement with F.I.T. involves only the continuous filament bi-component assets of the company.

“This is a key purchase, and one we are thrilled to be making,” says Marc Ammen, Universal Fiber Systems CEO. “As we continue to grow Universal Fibers’ leading global position in solution-dyed commercial, residential and automotive carpet fiber, this supports our market diversification strategy of expanding Universal Fibers’ product offering to reach new segments in the marketplace through its Business Development Group, led by Don Campbell, Vice President, Business and Technical Development.”

“The addition of bi-component fiber technology supports our mission as innovative problem solvers, and enables us to expand into new markets including performance apparel, interior furnishings, filtration, technical/industrial, geotextile, and medical,” says Don Campbell.

“In creating unique and innovative fiber combinations, the capabilities of these assets offer business synergies complementing our existing assets located in our Bristol facility. We also expect this technology to have application in traditional markets for existing customers of Universal Fibers and Premiere Fibers, both of which are business units within Universal Fiber Systems serving a separate and distinct customer base.”

The newly acquired bi-component assets of Universal Fibers will be led by Don Berlin, Technical Sales and Business Development Manager who says, “Bi-Component technology offers varied and distinct advantages to single component technology, since it accommodates fiber constructions tailored for more specific functions including anti-static, conductive, antimicrobial, super hydrophilic, super hydrophobic, stain resistance, low melt and heat resistance.

These advantages yield benefits in performance, cost savings and reduced lead times. As one of the only U.S. based continuous filament bi-component producers, Universal Fibers will support a diverse customer base with exceptional service and small lot capabilities in various chemistries such as Nylon, PP, PET and other traditional and non-traditional fiber polymers.

Universal Fibers


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Binoy Ravjani
Hero's Fashion

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

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Steve Cole
Xerium Technologies

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Jay Ramrakhiani
Occasions Elegance Wear

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

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:
July 2017

July 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