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July/August 2015

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Events

Irantex, The 21st International Exhibition of Textile Machinery, Raw Materials, Home Textiles, Embroidery Machines & Textile Products
09/04/2015 - 09/07/2015

Hightex 2015 - 6th International Technical Textiles and Nonwovens Trade Fair
09/11/2015 - 09/13/2015

Nonwoven Nanofiber And Microfiber Fundamentals And Applications
09/14/2015 - 09/17/2015

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Textile News

Growth Capital Obtains Funds For Textile Manufacturer

Growth Capital Associates, Santa Monica, Calif., an advisory company that specializes in arranging tax-exempt industrial development bond (IDB) financing, recently announced that it has completed a low interest rate financing of $4 million for Lafayette Textile Industries LLC, Los Angeles.Lafayette will use the IDB funds to acquire new production equipment to be installed at an existing factory in Commerce, Calif. The funding will enable the company to consolidate its business into one state-of-the-art facility and create more than 120 jobs over the next two years.The consolidation will allow Lafayette to increase responsiveness to market changes and demands, improve product quality through greater control of the manufacturing process, maintain competitive pricing and improve product development efficiency.

September 1999




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