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

More Nonwovens / Technical Textiles

Performance Fibers Revamps
July 22, 2014

Freudenberg Marks 40 Years Of Medical Innovations
July 22, 2014

Jacob Holm Acquires DuPont™ Sontara® Business
July 22, 2014

Milliken Acquires Westex
July 22, 2014

Powering Up Textiles
July 22, 2014

July/August 2014 July/August 2014

View Issue  |

Subscribe Now  |


Indigo New York - Fashion Edition
07/22/2014 - 07/23/2014

Indigo New York Fashion Edition
07/22/2014 - 07/23/2014

Premiere Vision Preview New York: Fall/Winter 2015-16 and Indigo New York Fashion Edition Fall/Winter 2015-16
07/22/2014 - 07/23/2014

- more events -

- submit your event -

Printer Friendly
Full Site
Nonwovens / Technical Textiles

Rieter Acquires 100-Percent Interest In Magee Rieter

Rieter Holding AG, Switzerland, has upped its holding in Magee Rieter Automotive Systems, Bloomsburg, Pa., from 50 percent to 100 percent.

Magee Rieter supplies automotive carpets to General Motors (GM), Daimler Chrysler and Ford, among other customers. Rieter purchased a 50-percent interest in Magee Rieter in 1997. Pursuant to completing its acquisition, it plans to expand its North American customer base.

Magee Rieter employs 800 people at three locations in the United States and Canada, and recorded 2004 sales of $150 million. Named GM Supplier of the Year for 12 years running, it is the only North American company to have won the award which recognizes quality, service, technology and price every year since its inception.

April 2005