Monterey Mills, an American textile leader with deep roots in Wisconsin, plans to invest in Glenoit’s workers and infrastructure to gain a greater share of the growing sliver knitting industry. Currently, Monterey Mills has an estimated 60% market share.
"The acquisition of Glenoit gives Monterey an important presence in the heart of America's textile industry," says Dan Sinykin, President of Monterey Mills. “Although Glenoit is a mere shell of its past going from 1,100 people in 1997 to less than fifty in the factory, my vision is to turn that trend around, add jobs in Tarboro and leverage the Made in America brand.”
Sinykin believes one way to compete with the growing overseas manufacturers is to share knowledge and trade secrets. Years ago, dozens of sliver knitting mills existed in the U.S.; today, only four remain. Sinykin believes American manufacturers must change in order to keep up with the growing global markets and increased competition abroad.
“We ship our fabric all over the world so we are confident we can compete and win against any sliver knitting mill anywhere,” said Sinykin. “We must invest in innovation and R&D to prove to our customers that our workers make the best products and are committed to helping them build their businesses.”
Sinykin plans to make sliver knitting a larger part of Glenoit’s future. Sliver knitting is fabric with a wide range of uses, from paint rollers, to apparel applications such as faux fur coats or fleece for outerwear jackets. It is also used in saddle pads, pet bed material, decubitus hospital pads, fabric for mascots and stuffed animals to name a few. Sinykin is also confident the Glenoit factory workers are eager to help make the operation a success.
About Monterey Mills:
Sliver knitting, was invented in Wisconsin in the Forties. It was invented by either Edward Borg of Borg Textiles, in Jefferson, Wisconsin or Joseph Rosenberg, of Argonaut Mills in Milwaukee. Glenoit Fabrics, started in Beloit, Wisconsin acquired Borg Textile in 1996. Argonaut Mills changed its name to Roller Fabrics in the 1970's as knit paint rollers became more popular and supplying fabric to paint roller manufacturers became a large percentage of their business.
Textiles | On 24th May 2018
In China, cotton consumption is forecast to expand 4 per cent and...
Textiles | On 24th May 2018
Birla Cellulose, Isko and Lenzing have joined ZDHC Roadmap to Zero...
Apparel/Garments | On 24th May 2018
India has an online population of 500 million but only 50 million...
Textile & apparel industry
GST is a complicated and lengthy process
It will take some time for the people to change their buying choices
Textiles & allied industry
Textiles industry is always in the forefront in accepting latest technology
Kusumgar Corporates is a leading manufacturer of technical textiles and...
Manila-based CustomThread is a start-up offering premium custom apparel...
Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....
Coating at a fibre level is a practice not usually seen in the...
The Indian market has huge potential in technical textiles, and by far,...
Biovation II LLC
Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...
Somaiya Kala Vidya
Among the many honours showered on Frater, including Fulbright and Ford...
"Now we can see the Russian trend in international fashion. And Russian...
Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...