Milliken & Company, a global diversified manufacturer with more than a century and a half of textile expertise, announced that it signed a definitive agreement to acquire Polartec LLC, a global brand known for its innovative performance textiles for outdoor and military apparel, from Versa Capital Management LLC. The acquisition is expected to close in [...]

Milliken & Company, a global innovation company with more than a century of performance and protective textile, specialty chemical and floor covering expertise, has acquired Andover Healthcare, a manufacturer of cohesive bandages and compression systems spanning health care, animal health and sports medicine markets. Joining Milliken Healthcare Products LLC, Milliken & Company’s dedicated health care [...]

The National Council of Textile Organizations (NCTO) and American Apparel & Footwear Association (AAFA) sent a letter June 5 to U.S. President Donald J. Trump, opposing the proposed escalation in tariffs for all U.S. imports from Mexico. As the representatives of the apparel and textile supply chain, the organizations represent hundreds of thousands of American [...]

Aquafil S.p.A. has acquired O’Mara Incorporated for a total consideration equal to USD 40.5 million. The deal was completed through the Group's U.S. subsidiary, Aquafil USA Inc. O'Mara Incorporated, founded in 1970, produces nylon, polypropylene and polyester fibers mainly in solution-dyed colors in its plant based in Rutherford College, N.C. In 2018, O'Mara reported a [...]