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Montalvo awarded 2021 Exporter of the Year Award (c) The Montalvo Corporation
09.06.2021

Montalvo awarded 2021 Exporter of the Year Award

Montalvo, an international specialists in web tension control, has been awarded the 2021 Exporter of the Year Award from the Maine International Trade Center for outstanding commitment to strengthening Montalvo’s businesses through international markets.

Montalvo Corporation CEO Robin Goodwin. "This award feels like a validation of our strategy and the teamwork we have at Montalvo. This is huge for us. We are a small, family-owned company, and all of us here are excited as this award is something every single one of our employees shares in.  We have some great product development going, new industry’s we are getting into, and expanding our capabilities and solutions offering, so it’s a very exciting time for the company and our employees, and this award has only energized us further."

Montalvo sells to over 70 countries across the globe, with their headquarters in Maine, USA, and with operations in China and Europe.

Montalvo, an international specialists in web tension control, has been awarded the 2021 Exporter of the Year Award from the Maine International Trade Center for outstanding commitment to strengthening Montalvo’s businesses through international markets.

Montalvo Corporation CEO Robin Goodwin. "This award feels like a validation of our strategy and the teamwork we have at Montalvo. This is huge for us. We are a small, family-owned company, and all of us here are excited as this award is something every single one of our employees shares in.  We have some great product development going, new industry’s we are getting into, and expanding our capabilities and solutions offering, so it’s a very exciting time for the company and our employees, and this award has only energized us further."

Montalvo sells to over 70 countries across the globe, with their headquarters in Maine, USA, and with operations in China and Europe.

Source:

The Montalvo Corporation

03.06.2021

We aRe Spin Dye signs collaboration agreement with Stokke As

We aRe Spin Dye (WRSD) AB (publ) (“WRSD”) has entered into a collaboration agreement with the Norwegian brand Stokke®. Stokke AS, a Norwegian manufacturer of children's furniture and accessories, is well known among parents of young children, since their mission is to manufacture products that strengthen the bond between parent and child.

Stokke is known for creating products that are designed to last a lifetime. High production standards, durable and robust materials, flexibility and adjustment options, together with timeless design, is a guarantee of long life for Stokke's products.

We aRe Spin Dye (WRSD) AB (publ) (“WRSD”) has entered into a collaboration agreement with the Norwegian brand Stokke®. Stokke AS, a Norwegian manufacturer of children's furniture and accessories, is well known among parents of young children, since their mission is to manufacture products that strengthen the bond between parent and child.

Stokke is known for creating products that are designed to last a lifetime. High production standards, durable and robust materials, flexibility and adjustment options, together with timeless design, is a guarantee of long life for Stokke's products.

Andreas Andrén, CEO of We aRe SpinDye views the collaboration with Stokke as a very exciting agreement with great potential:
-"Of course, our resource-efficient dyeing method is at the center of this collaboration. I have three children myself and as a parent of small children I know how important it is to have sustainable products. We aRe SpinDye will now be extending the life of Stokke's products. As a result of our textile fiber being homogeneously colored, our fabrics' test values are at the top for what is called "colorfastness to light". Our fabrics are thus bleached considerably less than conventionally dyed fabrics."

Janne Muri, project manager at Stokke for this collaboration, explains Stokke's view on sustainability.
"By taking care of our children, we also protect our planet. We strive for sustainable solutions in everything we do. High quality, sustainable materials and opportunities to adapt the products as the child grows, together with a timeless design, give our products a long lifespan that can last for generations. And with these core values in our group, it feels completely natural that we start a collaboration with We aRe SpinDye."

More information:
We aRe Spin Dye
Source:

We aRe Spin Dye

01.06.2021

Lectra completes the acquisition of Gerber Technology

Lectra finalizes June 1st, the acquisition of all outstanding shares of Gerber Technology, on a cash-free debt-free basis, for 175 million euros – financed through a 140 million euro loan and the Group's available cash – plus 5 million newly issued Lectra shares to AIPCF VI LG, Gerber Technology’s sole shareholder.

This strategic combination, of which all stages have now been successfully completed, has led to the creation of a leading global Industry 4.0 player for the fashion, automotive and furniture markets.

“The union of our respective innovative expertise, our state-of-the-art offers and our talented resources will enable us to bring long-term value to our customers. We will now be in an even better position to support our customers throughout the world in accelerating the digital transformation of their operations,” says Daniel Harari, Chairman and CEO of Lectra.

This acquisition, which was announced on February 8, was approved by Lectra’s Board of Directors on March 25 and by Lectra’s shareholders June, 1.

Lectra finalizes June 1st, the acquisition of all outstanding shares of Gerber Technology, on a cash-free debt-free basis, for 175 million euros – financed through a 140 million euro loan and the Group's available cash – plus 5 million newly issued Lectra shares to AIPCF VI LG, Gerber Technology’s sole shareholder.

This strategic combination, of which all stages have now been successfully completed, has led to the creation of a leading global Industry 4.0 player for the fashion, automotive and furniture markets.

“The union of our respective innovative expertise, our state-of-the-art offers and our talented resources will enable us to bring long-term value to our customers. We will now be in an even better position to support our customers throughout the world in accelerating the digital transformation of their operations,” says Daniel Harari, Chairman and CEO of Lectra.

This acquisition, which was announced on February 8, was approved by Lectra’s Board of Directors on March 25 and by Lectra’s shareholders June, 1.

More information:
Gerber Technology Lectra/Gerber
Source:

Lectra

Spinnova and KT Trading create new circular textile made from leather waste (c) Spinnova
20.05.2021

Spinnova and KT Trading create new circular textile made from leather waste

The textile industry is constantly searching for new, sustainable, and circular materials. Following thorough research and testing, Spinnova and KT Trading have developed a natural leather fabric made from leather waste without harmful chemicals.

"Leather is an amazing high-quality material with unique properties. With this new textile, we have taken yet another step towards completing the circular economy for leather," says Kristian Geert Jensen, CEO of KT Trading, who now has a joint venture with Spinnova.

Spinnova CEO: Sustainable innovation
Together with KT Trading, ECCO’s key leather provider, Spinnova has established the Respin company - a new joint venture. The partners are already constructing a leather fibre production pilot plant in Finland.

ECCO’s Applied Research division and Spinnova have been in a R&D collaboration since 2018 and have made successful trials with spinning the protein biomass into fibre. Processing leather raw material does not require further technology development from Spinnova. The company already has proof of concept from using the method on wood-based raw material.

The textile industry is constantly searching for new, sustainable, and circular materials. Following thorough research and testing, Spinnova and KT Trading have developed a natural leather fabric made from leather waste without harmful chemicals.

"Leather is an amazing high-quality material with unique properties. With this new textile, we have taken yet another step towards completing the circular economy for leather," says Kristian Geert Jensen, CEO of KT Trading, who now has a joint venture with Spinnova.

Spinnova CEO: Sustainable innovation
Together with KT Trading, ECCO’s key leather provider, Spinnova has established the Respin company - a new joint venture. The partners are already constructing a leather fibre production pilot plant in Finland.

ECCO’s Applied Research division and Spinnova have been in a R&D collaboration since 2018 and have made successful trials with spinning the protein biomass into fibre. Processing leather raw material does not require further technology development from Spinnova. The company already has proof of concept from using the method on wood-based raw material.

More information:
Spinnova Leather textile waste fibres
Source:

Spinnova / Cision

19.05.2021

NCTO testifies on the Medical Supply Chain and Pandemic Response Gaps

NCTO President and CEO Kim Glas testifies on “COVID-19 Part II: Evaluating the Medical Supply Chain and Pandemic Response Gaps, before the Senate Homeland Security and Governmental Affairs Committee.

In written testimony submitted to the committee, Glas provides an overview of: the U.S. market prior to the pandemic and the root causes of America’s dependence on offshore sources for medical PPE; the heroic response of the U.S. textile industry; the federal government’s response to the crisis; and a series of policy recommendations to incentivize the establishment of a permanent domestic PPE supply chain.

Glas details key policy recommendations designed to establish a permanent domestic PPE supply chain, including:

NCTO President and CEO Kim Glas testifies on “COVID-19 Part II: Evaluating the Medical Supply Chain and Pandemic Response Gaps, before the Senate Homeland Security and Governmental Affairs Committee.

In written testimony submitted to the committee, Glas provides an overview of: the U.S. market prior to the pandemic and the root causes of America’s dependence on offshore sources for medical PPE; the heroic response of the U.S. textile industry; the federal government’s response to the crisis; and a series of policy recommendations to incentivize the establishment of a permanent domestic PPE supply chain.

Glas details key policy recommendations designed to establish a permanent domestic PPE supply chain, including:

  • Create strong domestic procurement rules for federal PPE purchases and other essential products--substantially similar to the Berry Amendment and the Kissell Amendment which require 100% US content from fiber production forward
  • Implement forward-looking policies to shore up the Strategic National Stockpile and issue long-term contracts to incentivize investment in the domestic PPE manufacturing base
  • Create federal incentives for private sector hospitals and large provider networks to purchase domestically-produced PPE
  • Continue to deploy the Defense Production Act to shore up the textile industrial base from raw materials to end products for all essential products

View the full written testimony here.

Rinco Ultrasonics AG opens subsidiary in Mexico (c) Rinco Ultrasonics AG
“The new RINCO ULTRASONICS subsidiary in Querétaro, some 200 km north west of Mexico City, is home to an application-based test laboratory. Moving forward, the subsidiary will bring the company and its products and services much closer to customers and partners alike.” Serge Patamia, CEO
19.05.2021

Rinco Ultrasonics AG opens subsidiary in Mexico

RINCO ULTRASONICS is strengthening its market presence in Central America – a significant market for the automotive supply industry – by opening its own subsidiary in Mexico.

Romanshorn, May 2021 – With the establishment of its eleventh global subsidiary and its first in Central America, RINCO ULTRASONICS is highlighting the importance of the Central American market. “The automotive supply industry is one of the strongest sectors of industry in Mexico and one of the most important markets for RINCO. Our subsidiary in Querétaro, which is located 200 km away from Mexico City, will bring us closer to customers and partners alike,” explains Serge Patamia, CEO of RINCO ULTRASONICS. “We already enjoy high levels of confidence from both customers and partners in the region, and local presence will only serve to improve this. Investing in a dedicated subsidiary underlines our commitment to the market in Central America.”

RINCO ULTRASONICS is strengthening its market presence in Central America – a significant market for the automotive supply industry – by opening its own subsidiary in Mexico.

Romanshorn, May 2021 – With the establishment of its eleventh global subsidiary and its first in Central America, RINCO ULTRASONICS is highlighting the importance of the Central American market. “The automotive supply industry is one of the strongest sectors of industry in Mexico and one of the most important markets for RINCO. Our subsidiary in Querétaro, which is located 200 km away from Mexico City, will bring us closer to customers and partners alike,” explains Serge Patamia, CEO of RINCO ULTRASONICS. “We already enjoy high levels of confidence from both customers and partners in the region, and local presence will only serve to improve this. Investing in a dedicated subsidiary underlines our commitment to the market in Central America.”

José Armando Vázquez, the newly appointed country manager for Mexico, brings both passion and specialist expertise to his role. Having grown up in the automotive industry, Vazquez knows the needs and requirements of the supplying industry and the plastics sector inside out.

In José Armando Vázquez, customers and interested parties in Mexico have a local point of contact who is bringing Swiss perfection to Querétaro in the form of RINCO ULTRASONICS MEXICO. In addition to sales, RINCO in Mexico also offers technical services such as an application-based test laboratory and various service facilities to promote the building of partnerships and the delivery of new projects.
“Our aim is to captivate users with our ultrasonic technology and offer them tangible added value so that by using solutions like our AGM Pro ultrasonic generator, for example, they can save time and user fewer materials,”, says Serge Patamia, summarising what customers in Central America can expect.