Ruddick Corporation reported that consolidated sales for the first quarter of fiscal 2010 ended December 27, 2009 increased by 4.6% to $1.04 billion from $995 million in the first quarter of fiscal 2009. The increase in consolidated sales for the quarter was attributable to a 4.7% sales increase at Harris Teeter, the Company’s supermarket subsidiary, and a 3.2% sales increase at American & Efird (“A&E”), the Company’s sewing thread and technical textiles subsidiary.
In the first quarter of fiscal 2010, consolidated net income was $23.7 million, or $0.49 per diluted share, compared to $22.9 million, or $0.47 per diluted share, in the...
Friday, January 29, 2010
Thursday, January 28, 2010
Jingwei Textile Machinery to buy 36% stake in Zhongrong Trust
The Board of Jingwei Textile Machinery Company Limited entered into the conditional Acquisition Agreement with the Vendor. Pursuant to the Acquisition Agreement, the Company has agreed to acquire the Sale Interest at the Consideration of initially RMB1.2 billion (equivalent to approximately HK$1,363.64 million), subject to adjustments.
Pursuant to the terms of the Acquisition Agreement, the Consideration shall be settled in cash. Upon Completion, the Company will own 36% equity interest in Zhongrong Trust and will secure effective control over it by virtue of its control over the board of Zhongrong Trust. Accordingly, Zhongrong Trust will...
Brazil is growing market for technical textiles & nonwovens sector
Technical textiles and nonwovens are two sectors which have found an increasingly greater number of applications in recent years, even in Brazil. The local market is developing at a fast pace, and many local textile manufacturers are now concentrating on this type of production.
According to a recent survey conducted by IEMI, a brazilian consulting firm, the two sectors (nonwovens and technical textiles) account for well over 200 companies currently operating in Brazil, employing roughly 40,000 people. Total estimated production for 2008 amounted to 462,000 tons, for a value of 3.9 billion Brazilian Reais. For the same year, over 160 million...
Monday, January 25, 2010
7th Project Runway marks the Brother’s fourth year as a licensee
“Either you’re in or you’re out” for Heidi Klum of ‘Project Runway,’ and Brother International Corporation is “in,” yet again, for season seven. Returning as the Exclusive Sewing and Embroidery Licensee for the popular fashion reality television show, season seven marks the company’s fourth year as a licensee.
The relationship with ‘Project Runway’ has proven to be very successful for Brother who has seen tremendous branding exposure and has attracted new, younger customers since being named a licensee in 2007. The partnership has reenergized the sewing industry and has brought sewing back into fashion. Each week viewers tune in to watch contestants...
Friday, January 22, 2010
Janome celebrates 150 Years of Sewing
150 years of evolution is a long time for any industry. In 1860, the Pony Express was established; written communication has certainly come a long way since then. At the same time, clipper ships transformed Trans-Atlantic travel, shortening the sometimes months-long journey to fourteen days. A fourteen-day ocean cruise is now considered a luxury vacation.
Prominent sewing machine manufacturer and distributor, Janome America is proud to commemorate 2010 as the 150th anniversary of its founding.
In 1860, William Barker and Andrew J. Clark, founders of Janome America, began producing sewing machines in Orange, MA. By 1882 they had named their...
Thursday, January 21, 2010
Janome celebrates 150 Years of Sewing
150 years of evolution is a long time for any industry. In 1860, the Pony Express was established; written communication has certainly come a long way since then. At the same time, clipper ships transformed Trans-Atlantic travel, shortening the sometimes months-long journey to fourteen days. A fourteen-day ocean cruise is now considered a luxury vacation.
Prominent sewing machine manufacturer and distributor, Janome America is proud to commemorate 2010 as the 150th anniversary of its founding.
In 1860, William Barker and Andrew J. Clark, founders of Janome America, began producing sewing machines in Orange, MA. By 1882 they had named...
Wednesday, January 20, 2010
CLOTHING MACHINERY 2010 Fair coming soon
CLOTHING MACHINERY 2010, 22nd International Clothing Machines, Embroidery Machines and Accessories Fair will be organized by TÜYAP Fairs and Exhibitions Organization Inc. between the dates April 22-25, 2010 at Tuyap Fair, Convention and Congress Center - Istanbul, Turkey.
The scope of the CLOTHING MACHINERY 2010 Fair includes; Clothing Sewing Machines, Embroidery Machines, Quilting Machines, Spreading and Cutting Machines, Laser Cutting Machines, Folding and Packing Machines, Cleaning Machines, Quality Control and Measuring Machines, Ironing Machines and Presses, Storage and Shelf Systems, Labelling and Design Printing Systems, Sewing...
LH-3500A sews two lockstitch seams in parallel with 2-needle
JUKI launches its semi-dry head, 2-needle, lockstitch machine "LH-3500A Series" on the 11th January.
The Series incorporates the "direct-drive" mechanism which connects the compact servomotor directly to the main shaft of the sewing machine. It is a partly-changed model of its predecessor LH-3500 Series which has been put on the market in July, 2007. With its newly adopted direct-drive mechanism, the LH-3500A Series not only improves seam quality but also increases energy saved, improves workability and increases the material-penetrating force of the needle. The sewing machine sews two lockstitch seams in parallel with its two needles. It...
Tuesday, January 19, 2010
Knitting machines developer Terrot to exhibit at ITCE’12
ITCE is the International African-Arabian Exhibition for Textile, Embroidery and Sewing Machinery & Accessories. ITCE’12, the largest trade event in the entire MENA region, is held to serve the ever-growing and promising markets of the textile industries in the region. Since 1994 the show has become the meeting point for importers, manufactures and leading trade figures to get all in face to face experience with the latest global technologies.
DATE OF EXHIBITION: 23 - 26 February, 2010
VENUE: Cairo International Fair Ground, Cairo, Egypt
Terrot as one of the world brand leader is among the exhibitors at ITCE 2010. Together with our partner...
Monday, January 18, 2010
Presentation of French textile machinery industry in India, UCMTF
UCMTF (French Association of Textile Machinery Manufacturers), Ubifrance and the French Trade Commission of the French Embassy in India plan to organise in India the second edition of the seminar:
This seminar will take place this time at Ludhiana and Mumbai on 20th & 22nd April 2010 respectively. Please find attached a brief on the French Textile Machinery Industry for your reference.
In order to meet and identify the Indian partners and associates for this seminar Ms Evelyne Cholet, representative of UCMTF, Ms Florence Zuber, representative of Ubifrance, France and Ms Brinder Rault, Trade Advisor, French Trade Commission of French Embassy...
Saturday, January 16, 2010
Pantograms adds new Meistergram Embroidery Training Classes
Pantograms Manufacturing Company, Inc. announces the expansion of its Embroidery Academy to include training on Meistergram embroidery machines. The Embroidery Academy training is included with the purchase of a new Meistergram embroidery machine from Pantograms. They offer 3-day training at their corporate office in Tampa, Florida; or 2 to 3 days on-site training for Meistergram multi-head embroidery machines.
Pantograms also provides training on late model Meistergram machines that have been purchased from other dealers before Pantograms Mfg. Company became the exclusive distributor for USA and Canada. Pantograms Embroidery Academy training...
Wednesday, January 13, 2010
Tamil Nadu accounts for 28.50% of TUF disbursals
The Government of India under the aegis of the Ministry of Textiles had introduced the Technology Up-gradation Fund Scheme (TUFS) to help the beleaguered textile sector modernise its technology and equipment and which turned out to be one of the highly successful schemes implemented by the Government of India.
In the third part of this series, Fibre2fashion brings to you; our valued reader, state-wise data, with regards to actual number of applications received, amount sanctioned and disbursed to the entire value chain of the textile sector across India.
In the first part of the series, we had delved on disbursals done by 122 banks to the...
Tuesday, January 12, 2010
Handloom training program for women concludes
A two-month training program on weaving, which commenced on November 10 at the training centre of Lamding Cherapur Handloom Cluster, Wangjing, Thoubal district, has concluded recently.
This training program was organized by DIC, Thoubal, under the integrated handloom development scheme to make women proficient in certain specialized weaving skills by using advanced designing machines, including, jacquard, dobby and jalla.
20 women, two from each ten self-help groups of Wangjing area, underwent this training program and gained knowledge of modern weaving and designing techniques to produce improved and more attractive handloom products as...
Friday, January 8, 2010
Textiles sector on revival path - Textiles Minister
Thiru. Dayanidhi Maran, Union Minister of Textiles said that textiles sector has started showing sign of revival with increase in investment, production, employment and exports.
The production of fibre, yarn and cloth have shown a positive growth during April to November 2009. The production of cloth increased by 10.8 percent, man-made fibre and yarn production grew by 21.3 & 11.8 percent, respectively, and the total spun yarn production increased by 5.1 percent during the period.Thiru. Maran was addressing the textiles industry at the conference organised by the FICCI on ‘Emerging global trends and the way forward for Indian Textiles...
Thursday, January 7, 2010
Textiles sector on revival path - Textiles Minister
Thiru. Dayanidhi Maran, Union Minister of Textiles said that textiles sector has started showing sign of revival with increase in investment, production, employment and exports.
The production of fibre, yarn and cloth have shown a positive growth during April to November 2009. The production of cloth increased by 10.8 percent, man-made fibre and yarn production grew by 21.3 & 11.8 percent, respectively, and the total spun yarn production increased by 5.1 percent during the period.Thiru. Maran was addressing the textiles industry at the conference organised by the FICCI on ‘Emerging global trends and the way forward for Indian Textiles...
Wednesday, January 6, 2010
Applications under TUFs falls in 08-09, project cost zooms
The Government of India under the aegis of the Ministry of Textiles had introduced the Technology Up-gradation Fund Scheme (TUFS) to help the beleaguered textile sector modernise its technology and equipment and which turned out to be one of the highly successful schemes implemented by the Government of India.
In this second part of this series, Fibre2fashion brings forth the number of projects for which applications were received and the amount of funds sanctioned under the scheme from the date of its inception till the current fiscal year. In the first part of this exclusive series on TUFs, we had covered disbursals done by 122 banks...
Tuesday, January 5, 2010
Kornit Breeze 921 printer is breezing its way to the ISS!
The new Kornit Breeze 921 entry-level Direct-On-Garment printer will be launched at ISS Long Beach, January 22-24, 2010 in California, USA, booth # 1447
Kornit Breeze 921 industrial Direct-On-Garment printer is breezing its way to the ISS! Getting ready to begin its beta period, this high-speed digital printer that uniquely prints white & CMYK colors at the same time, looks like it has a bright future ahead. Offering high-end technology solutions at entry-level costs, Kornit Breeze 921 is the best option for new or expanding businesses entering the digital garment printing market.
ISS Long Beach is the industry`s leading event...
Monday, January 4, 2010
Development of Mobile Fibre Extraction Machine for coir industry
The traditional coir industry in the state of Kerala is facing an acute crisis of fibre shortage. For some time it has been depending on the green husk fibre the major part of which is brought from the neighboring states.
The industry feels that there is an untapped stock of husks in the rural areas from where collection is difficult as on-site defibering is not possible.
Therefore there was a need to develop a mobile fibre extraction machine which could be taken to the remote villages so that vast untapped potential for utilization of husks from such areas could be tapped.
In view of this, Central Coir Research Institute of Coir Board,...
Friday, January 1, 2010
TUFS proves to be proverbial lifeline for textile sector
Technology Up-gradation Fund Scheme (TUFS) initiated by the Union Ministry for Textiles is one of the highly successful schemes implemented by the Government of India. Indian textile industry was reeling under the impact of out-dated technology apart from other traditionally identified drawbacks with little or no value-addition to speak of. However, introduction of this scheme has proved to be a proverbial lifeline for the textile and allied industries. Fibre2fashion has taken the initiative to bring to our esteemed readers, the various statistical data related to TUFS with due thanks to the 'Office of the Textile Commissioner', Mumbai for providing...