Good news: U.S. mill biz strong; bad news: raw material costs cutting into profits.

From: Daily News Record | Date: September 12, 1994| Author: | Copyright information

The rising costs of materials is affecting the profit margins of textile mills during 1994, despite a rise in orders. Burlington's knitted apparel is weaker than its woven apparel, and its men's wear sales are higher than women's sales. Texfi's T-shirt material sales have been slow, and the firm has been struggling against raw material price increases. WestPoint Stevens reports high material costs in cotton and polyester, dyestuffs, boxes and papers.

CHARLOTTE, N.C.Strong' demand in some sectors has many U.S. textfie plants humming again. However, mill executives say bottom lines are ...

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