Earlier this year we discussed the continued growth of the technical textile industry. Technological advances in areas such as nano textiles and carbon fibers are two such examples of how technology can open opportunities and advance the expansion of the industry as a whole.
The National Council of Textile Organization (NCTO) Chairman Jeff Price recently discussed some of the issues that will be explored in 2015. This includes pending international trade agreements such as the Transpacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP). The group will also be working on industry expansion, new markets, and new products. The feeling is that as the industry continues to expand through the application of US developed and manufactured fibers and textiles we will have a stronger voice to help mold these agreements in a positive fashion.
At Jason Mills we’re optimistic that we’ll continue to see growth throughout the year. Like the NTCO we take a keen awareness in seeing that our interests are voiced as various hot button issues move forward.
As far as product development goes, we’ve been focusing particularly on researching new and innovative textiles such as aluminized composites. Standard nonwovens are traditionally used in industries such as housing construction as they are lightweight and inexpensive. However, adjust the product so that a standard non woven becomes a water impermeable composite (yet retaining its vapor permeability), then you have a potential for a game changing result. We are also researching inherently antimicrobial yarns and possible non-traditional applications for these textiles.
To learn more about Jason Mills and all the technical textiles we offer, visit our website. We also post more textile industry news on our Facebook, Twitter, LinkedIn, and Google+.
Jason Mills will be attending the IFAI Outlook Conference in White Sulphur Springs, WV on May 18-19, 2015. The conference was created by the United States Industrial Fabrics Institute (USIFI) and the Narrow Fabrics Institute (NFI), divisions of IFAI and provides a forum for the specialty textile sector.
Our company tries to attend every year as this industry event allows us to learn about the full spectrum of the textile industry. Over the course of two days the conference will provide us with information about yarns and fibers, trade issues, legislative issues, economic issues.
Some of the speakers include, Dr. Raman Kumar who will be discussing the current US and global economic conditions as well as what the outlook means fur US businesses. Gail Strickler and Josh Teitelbaum will provide an update on the TPP and TTIP legislation, and Carole Winterhalter will give a military update on the current and future needs of protective textiles.
In addition to the speakers, we will be able to network with other textile professionals and we look forward to attending this leadership conference. To stay up-to-date on all Jason Mills’ news be sure to follow our company on Facebook, Twitter, LinkedIn, and Google+.
The textile industry has seen extensive news coverage recently for a number of reasons, especially as it relates to the ongoing negotiations of the Trans-Pacific Partnership on international trade policy between some 12 countries, and several more key interested observers. The effects of these negotiations for textile trade between these countries are significant. For the purposes of this blog, we’ll only examine an overview of the issues, and perhaps expound upon our findings in a follow up blog as the negotiations develop, so our readers can come to appreciate some the subtlety and the stakes of these talks.
Foremost among the concerns for the textiles industry in the TPP is the reaffirmation of a version of the “yarn-forward” rule, which has been present in most U.S. Trade agreements since NAFTA. The yarn forward rule outlines rules of origin for textiles manufacturers, and specifies that in every stage “from the yarn forward” of the manufacturing process, the materials and processes must be sourced from a member of the partnership agreement. This “puts the spotlight” on Vietnam, which, if the negotiations move forward without the yarn forward rule, could act as a conduit for duty-free Chinese access to the U.S. Textile market.
This opens the door to another, highly contentious debate about global trade policy: fair trade vs. free trade. To avoid the risk of becoming too much of an economics lecture, we’ll note that generally, Jason Mills falls on the side of fair trade, which we see as taking advantage of the ideal that is a robust and healthy global trade network, and seeking to account for the fundamental imbalance in working conditions, wage scale, and economic and environmental responsibility of participating nations. Having said that, global trade is an increasingly complex machine, and we think that attitudes and positions need to be accordingly complex.
As policy discussions like the TPP and similar initiatives from the WTO and other organizations emerge, we think it’s a part of our job here at Jason Mills to be informed and aware of the implications of pending discussions not just for our business, but for our industry as a whole. We’ll be sure to continue to give our readers a window into the textile manufacturing world, and provide our perspectives here on our blog, so make sure to stop back soon!