Karen McIntyre, Editor09.12.18
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The nonwovens industry has been going through a period of consolidation in 2017 and 2018, meaning that some of our leading companies will either be appearing for the last time in this year’s report or will be returning next year in a new form.
One of these is First Quality Nonwovens. In June, the New York-based company, which has plants in Pennsylvania and China, was acquired by PFNonwovens (the company formerly known as Pegas). Not only will this remove First Quality from the rankings, it should significantly boost PF’s ranking and place it among the world’s top 10 largest producers of nonwovens.
Also poised to move significantly up in the rankings are Glatfelter and Lydall. Glatfelter will add about $185 million to its annual sales next year through the acquisition of Georgia-Pacific’s European nonwovens business; while Lydall will add two acquisitions, Interface and Precision Custom Coatings’ filtration
The nonwovens industry has been going through a period of consolidation in 2017 and 2018, meaning that some of our leading companies will either be appearing for the last time in this year’s report or will be returning next year in a new form.
One of these is First Quality Nonwovens. In June, the New York-based company, which has plants in Pennsylvania and China, was acquired by PFNonwovens (the company formerly known as Pegas). Not only will this remove First Quality from the rankings, it should significantly boost PF’s ranking and place it among the world’s top 10 largest producers of nonwovens.
Also poised to move significantly up in the rankings are Glatfelter and Lydall. Glatfelter will add about $185 million to its annual sales next year through the acquisition of Georgia-Pacific’s European nonwovens business; while Lydall will add two acquisitions, Interface and Precision Custom Coatings’ filtration
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