Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

Textile World Photo Galleries
November/December 2014 November/December 2014

View Issue  |

Subscribe Now  |

Events

Beltwide Cotton Conferences
01/05/2015 - 01/07/2015

SURFACES 2015 International Flooring Event
01/21/2015 - 01/23/2015
02/24/2014 - 02/24/2014

ExpoProducci├│n
02/04/2015 - 02/06/2015

- more events -

- submit your event -

Printer Friendly
Full Site
Knitting / Apparel

Globe Restructures, Sells Rubber Thread Division

Globe Manufacturing Corp., Fall River, Mass., has sold its Rubber Thread division to North America Rubber Thread, Fall River, as part of its effort to restructure and streamline operations. This move will allow Globe to focus on its core spandex business.

According to Globe, the sale is viewed as optimum for the industry and the local community. It will also allow for a continuity of supply to Globe’s client base and provide opportunities for employment for Globe’s latex production workers affected by the sale.

“We have deliberated at length on what I believe is a very conscientious transaction program that will serve the best interests of our customers, Globe’s employees and the local community,” said Bob Bailey, vice president, sales and marketing, Globe.

April 2000




Advertisement