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Dyeing Printing & Finishing

Speizman Industries Martint Agree To Joint Venture

Speizman Industries, Charlotte, N.C., has signed a joint venture agreement with Martint Equipment Co., Cornelius, N.C., to distribute Braun dye/extracting machines worldwide. Martint has the exclusive right to sell Braun dye/extracting machine principally to the textile industry through a worldwide distributorship agreement with Syracuse, N.Y.-based G.A. Braun Inc.The terms of the agreement between Speizman and Martint end in January 2004. The companies have agreed to work together to acquire additional textile wet-processing equipment rights. We are excited about selling Brauns pocketed textile-dyeing machines in North America and other international areas that we feel are poised for growth. This joint venture will combine the strengths of Martints sales and marketing department and Speizmans global network of sales agents and reputation for service, said Robert S. Speizman, president and CEO, Speizman Industries.


April 2001




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