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Unifi ventures to expand Central American spinning firms

Related Keywords: both companies in Guatemala, come to an agreement, deal highlights, importance of the Central American textile market, INC, owners of Complast S.A. and Technologia Textil Avanzada, recycling, signed a non-binding letter of intent, speciality textured yarn supplier, spinning and texturing, to form a joint venture in Guatemala, TTA, Unifi

Unifi, Inc. a speciality textured yarn supplier has come to an agreement with the owners of Complast S.A. and Technologia Textil Avanzada (TTA), by signing a non-binding letter of intent to form a joint venture in Guatemala. Both the companies in Guatemala are into recycling, spinning and texturing.

Under the terms of the deal, the joint venture will continue the recycling, spinning and texturing activities of Complast and TTA with Unifi owning 51% of the joint venture and the existing owners of Complast and TTA owning the remaining 49%.

Rupa Group acquires exclusive license agreement with Fruit of the Loom Inc

Related Keywords: acquired an exclusive license, advertise, boys, distribute, Fruit of the Loom, girls and toddlers in India, INC, manufacture, Oban Fashions Private Limited, sell innerwear and outwear products for men, under their brand name, wholly-owned subsidiary of Rupa and Company Limited, women

Oban Fashions Private Limited, a wholly-owned subsidiary of Rupa and Company Limited has acquired an exclusive license from Fruit of the Loom, INC., to manufacture, distribute, advertise and sell innerwear and outwear products for men, boys, women, girls and toddlers in India, under their brand name.

Rupa and Company’s subsidiary has entered into a license agreement for the same with Fruit of the Loom, INC. headquartered in Kentucky, a wholly-owned subsidiary of Berkshire Hathaway Company (a Warren Buffet Company).

Unifi expands global reach of recycled fiber and PVA yarn to Sri Lanka

Related Keywords: expand global availability of REPREVE recycled fiber, flexibility and speed-to-market, INC, new division in Sri Lanka, other Premier Value Added yarn, textile industry supply chain, Unifi, Unifi Textiles Colombo Private Limited, UTCL, UTCL to provide Unifi

Unifi, Inc through a new division in Sri Lanka, Unifi Textiles Colombo Private Limited (UTCL) based in Colombo will expand global availability of REPREVE recycled fiber and other Premier Value Added (PVA) yarn. The new expansion is expected to begin operations by the end of the third quarter in 2016.

The expansion comes on the heels of Unifi's announcement of new distribution channels in both Turkey and Taiwan, through KORTEKS and Sun Chemical, respectively.

Textile manufacturer sign commercial agreement with APDN to assure quality of ELS Pima cotton

Related Keywords: anti-counterfeiting, APDN, Applied DNA sciences, brand protection, Fiber forward, INC, Pima cotton, product authentication solution, purchase SigNature T(R) DNA mark, supply chain security, textile and fashion industry, textile manufacturer

Applied DNA Sciences, Inc.(APDN) provides botanical-DNA based anti-counterfeiting and product authentication solutions technology that can be utilized in variety of industries including textile/fashion for supply chain security and brand protection, has entered into a commercial agreement with a textile manufacturer to purchase a SigNature T(R) DNA mark, in order to protect and authenticate extra long staple (ELS) Pima cotton.

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