TSG Finishing will close its North Wales, PA converting facility and consolidate its operations into its four sites in North Carolina. Executives said the decision to center all of its operations in North Carolina came from a need to improve its turnaround time and make its products more consistent.
"What we lose from one location, we wil gain in the other location," says director of sales Bud Styles, affirming that the company will continue to be on the cutting edge of innovation within the nonwovens industry.
The closure is expected to be complete by the end of the summer.
The consolidation will coordinate efforts within our organization and ensure that we meetour customer demands at the highest level of efficiency and flexibility to which our customershave become accustomed over the years.” says Jeffrey Goldman, president and COO. “This consolidation will also allow us to utilize our significant assets and technologyover a broader customer base and serve a wider variety of industries more efficiently because ourplants will be located in closer geographic proximity to one another."
The fact that the nonwovens industry is growing in China is not news. During the past decade, the market has achieved growth in the low double digits, well above the rates seen in more developed areas like the U.S. or Europe.
As multinational comp…