13th Jan 2023
Germany’s Mann+Hummel has unveiled a strategic investment in M-Filter, one of the filter manufacturing companies in Northern and Eastern Europe with several production facilities in Finland and Lithuania. The company has specialised in different areas of filtration, including air ventilation filters, HEPA filters and oil/hydraulic filters for engines.
30th May 2022
RefrigiWear, a Georgia, US-based supplier of insulated work apparel for the cold chain, has announced its acquisition of Samco Freezerwear Co (Samco). Founded in 1968, Samco is a leading provider of freezerwear, insulated industrial workwear, and other insulated industrial apparel and accessories for workers in the food-related cold chain.
3rd Nov 2021
3M, a technology company engaged in manufacturing of industrial and safety products, posted a 7.1 per cent sales increase to $8.9 billion in the third quarter (Q3) of FY21, over the same period of last fiscal. With the continued growth momentum, the company has further raised its guidance for 2021, and now expects sales to rise between 9-10 per cent.
20th Oct 2021
Hexcel Corporation recently hosted public officials, customers and local contractors at its manufacturing site in Utah as the company broke ground on a flagship Centre of Research & Technology (R&T) Excellence. The advanced composites company’s new centre of excellence will support next-generation developments in advanced composites technologies.
20th Aug 2021
UK specialist technical textile solutions manufacturer DRM Industrial Fabrics is among 60 digital leaders with the vision and the skills to pursue smarter manufacturing through Made Smarter’s Innovative Leadership Programme. Made Smarter is the UK national industrial digitalisation movement to drive productivity and growth of manufacturing industries.
11th Aug 2021
3M, a US-based technology company, has posted 24.7 per cent sales jump to $8.9 billion in second quarter (Q2) of FY21 ended on June 30, 2021, compared to $7.1 billion in same period of previous fiscal. Based on strong first half results, the company has raised its full year guidance for 2021, and now expects sales to rise between 7-10 per cent during...
28th Apr 2021
Tarps Now has announced its commitment to expanding the number of lines of industrial fabrics engineered to meet the needs of contractors, heavy industry, oil & gas pipelines, gas and electric utility companies, product manufacturers, fabrication specialists and warehousing operations. Tarps Now is a specialist in custom canvas and vinyl tarps.
22nd Mar 2021
The global technical textiles market is estimated at $193 billion in 2020 and is expected to hit $274 billion by 2027, growing at a compounded annual growth rate of 5.1 per cent during 2020-27, backed by increasing global demand for technical textiles across industry and an expanding base of new products based on application research, says a new report.
18th Mar 2021
India's technical textile market was valued at $14 billion in 2020 and is expected to reach $23.3 billion by 2027, growing at a CAGR of 7.6 per cent, which is among the fastest growth rate in the Asia-Pacific region, according to a report called 'Technical Textiles: Emerging Opportunities and Investments' released by KPMG and FICCI recently.