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Published April 5, 2012
Israeli nonwovens producer Avgol has confirmed that it has made contact with Blackstone Group, the private equity owner of fellow nonwovens producer Polymer Group Inc., but said plans for an acquisition or merger is not near. “The company wish… Read More »
Published October 4, 2010
Acquisition expected to close before end of first quarter 2011. Read More »
PGI
Published January 1, 2008
Location: CHARLOTTE, NC Sales: $1.06 billion Description: ´╗┐Key Personnel Veronica  Hagen, chief executive officer; Robert Kocourek, chief financial officer; Mike Hale, chief operating officer; Bob Dale, vice president of research and develop… Read More »
Published September 24, 2006
Polymer Group, Inc. has named William Hewitt interim CEO replacing James Schaeffer. PGI’s board asked Mr. Schaeffer to submit his resignation from the nonwovens producer following an investigation of how information was reported internally duri… Read More »
Published August 21, 2006
Polymer Group Inc. has settled a lawsuit filed against The Kroger Co., Inter-American Products and U.S. Nonwovens concerning private label imaged wipes sold through Kroger's food stores. Under the settlement agreement, Kroger, Inter-American and U.S.… Read More »
Published July 28, 2006
Polymer Group, Inc., through certain of its subsidiaries, has filed a suit against The Kroger Co. (Kroger), Inter-American Products, Inc. (Inter-American) and U.S. Nonwovens Corp. for patent infringement related to private-label imaged wipes sold thr… Read More »
Published June 21, 2006
Polymer Group, North Charleston, SC,  has added a state-of-the-art spunbond line at its  Mooresville, NC plant, which will add approximately 50 jobs to the 150-employee operation. The plant expansion represents approximately a $40 million i… Read More »
PGI
Published January 1, 2006
Location: Charlotte, NC Sales: $948 million Description: Key Personnel James Schaeffer, chief executive officer; Willis (Billy) Moore, III, chief financial officer; Mike Hale, vice president and general manager—U.S. Nonwovens; Fernando Espino… Read More »
PGI
Published January 1, 2005
Location: N. Charleston, SC Sales: $845 million Description: ´╗┐Key Personnel James Schaeffer, chief executive officer; Willis (Billy) Moore, III, chief financial officer; Mike Hale, vice president & general manager—U.S. Nonwovens; Rolf A… Read More »
PGI
Published January 1, 2004
Location: North Charleston, SC Sales: $730 MILLION Description: ´╗┐Key Personnel James Schaeffer, chief executive officer; Willis (Billy) Moore, III, chief financial officer; Mike Hale, group vice president—U.S.—nonwovens operations; Ro… Read More »