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Related Keywords: acquired dual core patent, and Europe, broad variety of dual core yarns, China, Cone Denim, fabrics, garments made from those fabrics, International Textile Group, INVISTA, owner of Lycra brand, parent company, patent estate covers, practice technology, providing selected weavers with licenses, sold in the US, US based fibre producer

Invista, US based fibre producer and owner of the Lycra brand, has acquired dual core patent portfolio of Cone Denim and its parent company, International Textile Group (ITG). Since the acquisition, Invista has been meeting individually with its denim customers and providing selected weavers with licenses to practice the technology.

Related Keywords: bring unique blend of color, Carlisle Cotton collection, combining heritage and expertise of Cone Denim and Burlington, comfort, create new generation cotton fashion, diversified American fabric maker, innovative line of luxury and performance cotton fabrics, International Textile Group, launch Carlisle Cotton Company, performance

International Textile Group (ITG) a diversified American fabric maker based in Greensboro, North Carolina to launch Carlisle Cotton Company and its innovative line of luxury and performance cotton fabrics. Combining the heritage and expertise of Cone Denim and Burlington, the Carlisle Cotton collection will bring a unique blend of color, comfort and performance innovations to create a new generation of cotton fashions that are versatile from fashion shirtings to bottom-weights for jeanswear and rugged casual styles.

Related Keywords: add jobs, Cordova facility, expanding and upgrading, improvement in textile plant, International Textile Group, manufacturing capabilities, new operating schedules, operation in Richmond county, US fabric maker

International Textile Group is a diversified U.S. fabric maker based in Greensboro, North Carolina with more than 30 years of operation in Richmond County will be making improvements in its textile plant at Cordova facility. This was announced at the Richmond County Board of Commissioners meeting Monday evening.

The company will be expanding and upgrading the manufacturing capabilities of the plant, as well as implementing a new operating schedule which is expected to bring in 10 new additional jobs within the next two years. This will involve an investment to the tune of $2 million.

Related Keywords: International Textile Group, mexican manufacturing plant, Parkdale, Summit Yarns, US operations

Gastonia-headquartered Parkdale, which employs 300 workers in Gaston County, confirmed acquisition of Summit Yarns’ Mexican manufacturing plant. This should only strengthen its local and U.S. operations, according to company President Dan Nation.

Financial terms of the purchase, which closed Aug. 28, and the cost of projected plant upgrades, were not disclosed, but Nation called them “substantial.”