textile manufacturing news and archive

US Department of War taps NC State to lead $480 million military textile initiative

North Carolina State University has been chosen to lead a 10-year Department of War initiative, called FutureTEX, aimed at modernizing textile manufacturing in the US for the defense industry. The award includes 36 million dollars in its first year and carries a ceiling of 480 million dollars over the decade. FutureTEX brings together industry,...

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Business

Trump doesn't see a need to bring back textile manufacturing to the US

President Donald Trump has stressed that his US tariff policies, impacting global trade and supply chains across several industries and financial markets, are intended to encourage and support domestic manufacturing of advanced technology and defense equipment, not consumer goods like t-shirts or sneakers. Talking with reporters prior to...

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Fashion

Vietnam set to surpass China as top textiles manufacturing location

London - Vietnam has managed to squeeze past China to top the list of the most-preferred manufacturing locations for textile and apparel by companies across the globe, according to a recent report published by the Korea Trade-Investment Promotion Agency (KOTRA). The country has potential to become the world's biggest textile producing centre...

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Fashion

Asher Fabric Concepts launches technologically driven fabric

Los Angeles - Asher Fabric Concepts is delving into new territory this year. Known typically for its cutting-edge, high quality apparel; the activewear company plans to launch a new collection of knitwear with new technologically advanced clothing. The new clothing line will be entitled “Cool Sport” and will be aimed towards consumers that...