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September/October 2014 Sept/Oct 2014

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Events

10th International Conference on Geosynthetics
09/21/2014 - 09/25/2014
01/31/2014 - 01/31/2014

2014 URI Cotton Summit: The 21st Century Global Apparel VAlue Chain and Implications For US Cotton in the World Marketplace
09/22/2014 - 09/22/2014

Outlook™ 2014
09/24/2014 - 09/26/2014

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Polyester Fibers LLC Acquired By Management Team

The management team of Conover, N.C.-based Polyester Fibers® LLC has acquired the company from parent company Empire Investment Holdings, Miami. JPMorgan Chase, New York City, and Winston-Salem, N.C.-based Salem Investment Partners provided financing for the buyout, the terms of which were not disclosed.
 
Polyester Fibers manufactures and distributes engineered nonwoven polyester materials for use in automotive, craft, filtration, furniture and bedding, and seasonal applications; and markets its materials in North America, Europe and Asia. The company has nine manufacturing facilities and five business divisions including Tupelo Fibers®, Cameo Fibers®, Cumulus Fibres®, Mountain Mist® and Buffalo Batt®.
 
“Owning a company with high quality products and long standing customer relationships gives us a platform to unleash enormous potential,” said Keith White, president and CEO, Polyester Fibers. “That potential will drive increased market share as we focus on continuous innovation and expansion of our line of quality products to better serve our customers’ needs.”
 
July 15, 2014
 




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