Textile industry

Article Abstract:

Currency devaluations in emerging countries continues to put pressure on the domestic US textile industry as inexpensive yarn, fabric and clothing flood the country from overseas. Vertrical integration in the industry is a major trend that can offset global overcapacity, and the home furnishings sector remains healthy in the US. These stocks are not timely in the 1st qtr of 1999, but some good values can be found for long-term, risk-tolerant investors.

Pillowtex Corp., CFI

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Textile industry

Article Abstract:

Higher raw material prices, lower demand, and other factors narrowed margins for the textile industry in 1995, and the industry is consolidating to absorb overcapacity. There is also overseas expansion, through joint ventures rather than mergers, and industrial and home furnishing fabric makers are positioned for this. Most of these stocks are untimely, however, and investors need to seek individual issues for long-term gains.

Dominion Textile Inc.

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Textile industry

Article Abstract:

Textile production forecasts for the 2nd qtr and remainder of 1996 are good, with increasing demand in the automobile fabric and home furnishing sectors. However, raw material costs remain high, keeping fabric prices high as well. China's most-favored nation status will likely be renewed, even with possible textile sanctions. Investors must seek stocks in companies that are global in nature and are capital intensive.

All Other Miscellaneous Textile Product Mills, Textile goods, not elsewhere classified, Textiles NEC, Economic aspects, Dominion Textile (USA) Inc.

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