Fibertex Nonwovens has purchased Mogul's spunlace operation in Grey Court, SC. Mogul built the site, which houses one state-of-the-art spunlace line, in 2016. It provides Fibertex with 14,000 tons of spunlace output to target further growth in the North American market. The 20-acre site also provides Fibertex wtih opportunity for expansion.
“We will exploit the advantages of now having Fibertex Nonwovens production sites located in the most important markets in Europe, Africa, South and North America,” says Jørgen Bech Madsen, CEO of Fibertex Nonwovens. “At the same time, we will make full use of the our global product development capabilities, which has contributed to some of the most recent technological breakthroughs. We therefore see a great potential in investing in further growth.”
The acquired plant complements Fibertex's other North American operation in Chicago, IL, a needlepunch facility acquired from NonWoven Solutions in 2014. Fibertex Nonwovens also has considerable experience with spunlace technology and produces this type of substrate at facilities worldwide.
“We have been offered to acquire the production site as Mogul wants to focus on its Madaline (TM) product and new innovative nonwovens in Turkey,” says Madsen. “The line has been built in accordance with state-of-the-art production principles and already operates in a fully reliable manner. In this way, we save time and money compared to a greenfield investment in North America, where the market is currently undergoing rapid growth.”
Fibertex Nonwovens is a wholly-owned subsidiary of Schouw & Co. and is headquartered in Aalborg, Denmark, where the company was established in 1968. The company has an annual turnover of about DKK 1.6 billion (2018) and has production units in Denmark, Brazil, France, the Czech Republic, Turkey, the U.S. and South America. Its most recent acquistion was of Duci, a Brazilian supplier to the automotives market, in February 2018.