logo

THE 2016 STATE OF THE INDUSTRY REPORT


The Industrial Fabrics Association International (IFAI) released a comprehensive analysis on the State of the Industry. Overall, growth in the U.S. specialty fabrics industry was approximately 2.4% in 2015, and is expected to reach 2.6% in 2016. Growth, however, is contingent upon the continuation of a low unemployment rate, an increase in consumer spending – a path in which we are on, and sustained low oil prices.

Industry leaders continue to invest in new product development and improving internal business processes such as supply chain logistics and automated equipment. These investments have enabled U.S. manufacturers to become more competitive with their counterparts in China and India, as the costs of production and labor continue to rise in those regions.

A focus on innovation will help manufacturers stay competitive and maintain steady growth.  To access the full report, click State of the Industry Report_2016.

Play
Play
previous arrow
next arrow
ArrowArrow
Slider

BLOGS

BROCHURES

ARCHIVE


Call 1-516-239-4400 or use the form below:

 

Corporate Office:
168 Doughty Boulevard
Inwood, NY 11096, USA

 

The Mill:
2350 Long Dairy Road
Graham, NC 27253, USA