Both Schouw NW firms grow operating results; Fibertex Nonwovens relocating needlepunch line to USA
CLOVERDALE, CA, November 21, 2019-
Danish holding company Schouw & Co. reported earnings gains for its nonwovens subsidiaries in the third quarter, with industrial products maker Fibertex Nonwovens also generating higher revenues than a year ago.
Fibertex Personal Care saw its revenues erode slightly due to currency issues and reduced demand for products made at its Malaysian plants.
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