Home / Knowledge / News / Textiles / Buckeye Technologies plans to sell Lumberton Fiberline opts & facility

Buckeye Technologies plans to sell Lumberton Fiberline opts & facility

Jan '07
Buckeye Technologies Inc announced its intention to sell its Fiberline operation located in Lumberton, North Carolina. Buckeye Lumberton entered the bleached cotton fiber market in September of 2001 with state of the art equipment and technology utilizing a batch bleaching process to treat a variety of cotton fibers.

Bleached cotton fibers are used in personal care, cosmetic and pharmaceutical products around the world and are gaining acceptance in nonwoven applications. The Lumberton operation has the capacity to produce 8,000 metric tons of fiber annually and is currently operating at about 90% capacity with annual sales revenue of approximately $14 million.

Buckeye Chairman John B. Crowe commented, “When Buckeye Technologies entered the bleached cotton fiber market in 2001, the new manufacturing line at the Lumberton site complemented the existing cotton linter fibers operation. In August of 2003, we consolidated the Lumberton cotton linter fibers operation into our Memphis facility due to the decline in demand for cotton content printing and writing papers."

"Since 2003, the Lumberton team has made the necessary modifications to manufacturing costs and product mix to become a profitable, growing and labor efficient stand alone operation."

"However, with the closure of the cotton linter fibers operation, Buckeye Lumberton is no longer a strategic component of our future plans and we believe it could provide a strategic growth opportunity for the right owner. If a suitable sales arrangement is not found, we intend to continue to operate and optimize Buckeye Lumberton.”

Buckeye has retained Morgan Keegan and Company Inc as its exclusive financial advisor in connection with the possible sale of Buckeye Lumberton Inc. Interested parties should contact Morgan Keegan and Company at (901) 529-3713.

Buckeye Technologies Inc

Must ReadView All

Pic: Shutterstock

Retail | On 21st Sep 2021

US clothing stores sales up 0.1% MoM, 36.6% YoY in August: NRF

Retail sales in the US increased during August as consumer demand...

Pic: Shutterstock

Apparel/Garments | On 21st Sep 2021

Research paper urges Kenya to cultivate new export markets

To diversify its exports and markets, Kenya should endeavor to raise...

Pic: Shutterstock

Textiles | On 21st Sep 2021

Pakistan's textile & apparel exports rise 28.67% in July-Aug ’21

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Switch was not 100% pandemic related

Textile Industry, Head honchos

Textile Industry
Head honchos

The pandemic has reinstated need for organised retail spaces in Tier II...

Textile Industry, Head honchos

Textile Industry
Head honchos

Consistency is the first rule of social media

Shivaani Jain,

Shivaani Jain

Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...

Kurt Wedgwood,

Kurt Wedgwood

From design to raw material to fabrication and ultimately to delivery -...

Aashumi Mahajan,

Aashumi Mahajan

The Luxe Maison is a premiere haute couture e-boutique established after...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit

The Indian Technical Textile Association (ITTA) is the only association of ...

Ian Russell, Pireta

Ian Russell

UK-based Pireta has developed a unique free-form process to add durable,...

Sunita Shanker, Label Sunita Shanker

Sunita Shanker
Label Sunita Shanker

Inspired by the rich traditional crafts of India, Sunita Shanker’s work is ...

Gaurang Shah, Label Gaurang Shah

Gaurang Shah
Label Gaurang Shah

Hyderabad based designer <b>Gaurang Shah</b>, has been traversing the...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

September 2021

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

Advanced Search