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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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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




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