Record #:

7441

Author(s):

Norris, Jeannie Faris

Abstract:

Increased overseas competition has contributed to the decline of North Carolina's textile industry during the last twenty years. A report from Anderson Bauman Tourtellot Vos & Co., a Greensboro-based turnaround company, stresses the need for the industry to change its business models. Two promising niches for the industry are nonwoven fabrics, which have an estimated yearly economic impact of $3 billion in the state, and nanotechnology, which is used in stain proof cloth.

Source:

Business North Carolina (NoCar HF 5001 B8x), Vol. 25 Issue 11, Nov 2005, p14

Subject(s):

Textile industry