Universal Fibers Acquires Continuous Filament Bico Assets From FIT
Solution-dyed filament-based fiber manufacturer Universal Fibers Inc., Bristol, Va., has acquired
the continuous filament bicomponent production assets of Fiber Innovation Technology Inc. (FIT),
Johnson City, Tenn.
"The addition of bi-component fiber technology supports our mission as innovative problem solvers, and enables us to expand into new markets including performance apparel, interior furnishings, filtration, technical/industrial, geotextile, and medical," said Don Campbell, vice president, business and technical development, Universal Fiber Systems, parent company of Universal Fibers. "In creating unique and innovative fiber combinations, the capabilities of these assets offer business synergies complementing our existing assets located in our Bristol facility. We also expect this technology to have application in traditional markets for existing customers of Universal Fibers and Premiere Fibers, both of which are business units within Universal Fiber Systems serving a separate and distinct customer base."
Universal Fibers serves the commercial, residential and automotive carpet and industrial fibers industries, with production sites in Europe, China and Thailand as well as in the United States. Premiere Fibers Inc., based in Ansonville, N.C., produces customized fibers for partially oriented and fully drawn yarns for apparel, industrial, military and other applications.
Don Berlin will serve as technical sales and business development manager of Universal Fibers' new bicomponent business, which is expected to support 20 primarily technical manufacturing jobs.