A recent Textile World article finds that the US textile and apparel industries are expecting improvement and growth in 2015. This economic improvement is due to several factors, including reshoring efforts, a rising cost of doing business overseas, mills having more capital spending, and rising profits. Innovation also plays a large factor and the article mentions that the textile industry is continually working on creating better performing products. Technical textiles are now being applied to many new niche areas, (we’ve even touched on some of the medical textile innovations in a past blog post).
Innovation should play an even larger role as the US government recently announced its textile innovation competition. The program, led by the Department of Defense, will use $500 million in public-private investment to help strengthen US manufacturing by investing in new technologies for textiles. The Revolutionary Fibers and Textiles Manufacturing Innovation Institute will serve as a hub for companies, universities, and other academic and training institutions to conduct research and development on new manufacturing technologies.
At Jason Mills we manufacture an array of technical textiles for use in everything from the medical sector to the outdoor retailing trade. To learn more about all our textiles, visit our website. We are also active on Twitter, Facebook, LinkedIn, and Google+.