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

http://www.textileservicesonline.com
http://www.textileworld.com/partners/Shaffer_and_Max-Dyeing_and_Finishing_Plant_2014
http://www.thiestextilmaschinen.com
http://www.spgprints.com
http://ahweb.adsale.com.hk/t.aspx?unt=2354-STX15_TextileWorld
http://ahweb.adsale.com.hk/t.aspx?unt=2396-ZhejiangTex14_TextileWorld
http://www.expoproduccion.mx/Content/Exhibitors/24/
http://www.textileworld.com/Textile_World_Innovation_Forum_2014/
More From The Editor

Experience Innovation
July 22, 2014

U.S. Textiles: More Positive Signs?
May 20, 2014

Textile World's Innovation Award & Forum
March 17, 2014

Foxconn Manufacturing In The U.S.?
February 17, 2014

The Power Of The Towel
December 15, 2013

July/August 2014 July/August 2014

View Issue  |

Subscribe Now  |

Events

SPINEXPO™ Shanghai
09/02/2014 - 09/04/2014

FMCEX 2014 - The 6th International Floor Covering, Moquette, Machine made Carpet & Related Industries Exhibition
09/06/2014 - 09/09/2014

41st Annual S.C. International Trade Conference
09/08/2014 - 09/10/2014

- more events -

- submit your event -

Printer Friendly
Full Site
From The Editor
James M. Borneman, Editor In Chief

Strength And Uncertainty

James M. Borneman, Editor In Chief

G iven all that has been heaped on the U.S. textile industry in the last year, it’s a relief to see signs of strength. Spinners, weavers and others note their companies are sold out, and are participating in the much-reported “work through” during the summer holidays — all reminiscent of better times.

Industry insiders point out there may be less competition by numbers — acknowledging plant closings of the last year — but the remaining companies are the really tough competitors. As one executive remarked, “These are the guys who made it through, and they are not about to take a rest. If anything, the competition is tougher, and capacity is becoming an issue.”

With signs of relief due to a weaker dollar, strong consumer spending and low inventories, this may be the beginning of a bit of a run for the industry.

Capital spending is still soft — it’s easy to see this period as an opportunity to enjoy some positive cash flow and hold off on investment for a while.

But some machinery suppliers see a different picture. Machinery sales are strong for some of the larger global suppliers, many of which also felt the sting of last year’s plant closings. Much of their capacity is sold, so delivery times are longer than you might expect. Some suppliers are adding capacity in Asia to better service and support that market, and note service contracts are purchased as part of package deals rather than on an “on call” basis common with U.S. mills.

The U.S. market for textile equipment is significant, but it is not the growth or volume market offered today by Asia. Suppliers are quick to emphasize they fully support U.S. mills, and the United States continues to have significant sales value. However, machinery suppliers are facing pressure to compete for their share of growth in China while maintaining sales and service to U.S. mills.

If you assume better times are ahead, it’s important to realize the U.S. textile industry will be competing with those machines very soon. Hopefully, U.S. capital spending will pick up to ensure productivity and product quality to meet the challenge of imports.

But there’s more to it than that — the industry must start to aggressively market and brand its products; invest in building the network of apparel sourcing managers, and the traditional textile industry and apparel contractors; demonstrate the viability of U.S. manufacturing to the financial markets; and push the envelope in nontraditional textile markets.

Sounds like a tall order under normal circumstances, but keep in mind — the remaining companies are the really tough competitors.

August 2002



Advertisement

http://www.staubli.us