Karen McIntyre, Editor09.13.19
While neither investment nor acquisitions have stopped completely, this activity has slowed down while companies wait for recently announced investments to come onstream or completed lines to reach capacity. During this period of “rest,” companies are also focusing more than ever on innovation, working hard to differentiate themselves to their customers.
For Fibertex Personal Care this has meant investment in its Innowo Print, direct printing technology. After seeing success with this business in Europe and Malaysia, the company established a U.S. operation this year. Meanwhile, Fitesa has completed work on a pilot line in Simpsonville, SC. The line featuring hybrid air through bonding/spunmelt technology will allow Fitesa to more quickly bring new products to market, according to executives.
A spate of acquisitions and mergers in 2017-2018 has influenced this year’s rankings. Most notably, PFNonwovens, which was ranked No. 22 last year, catapulted into the top 10 a
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