International Textile Group (ITG) is now Elevate Textiles!

 

US-based International Textile Group (ITG) has announced the launch of a new name and corporate identity, Elevate Textiles, Inc. The newly formed company will now replace ITG as the parent company of American & Efird (A&E), Burlington, Cone Denim, Gütermann and Safety Components.

‘Elevate’ has now created a portfolio of leading global brands that now offers customers a plethora of products and solutions ranging from performance-driven apparel fabrics, advanced technical fabrics, high quality denims and premium industrial and consumer sewing threads.

It’s worth mentioning here that Elevate Textiles was born out of the integration of A&E and ITG in 2018 under the leadership of Platinum Equity (a global investment firm with approximately $13 billion of assets), which acquired ITG in 2016 and A&E in 2018.

Elevate Textiles services 25,000 customers in over 100 countries and across six continents via a global footprint that includes 37 facilities and over 15,000 employees, representing a textile company without parallel in the industry.

Furthermore, the new parent company will establish its global headquarters in Charlotte, North Carolina, USA and maintain its existing offices as divisional headquarters for the respective fabrics and threads portfolio brands.

According to company officials, Elevate Textiles will continue to focus on operational excellence, safety, and environmental sustainability, with an integrated approach to supply chain, R&D, and procurement.

 

 

/0519/apparelresources/230119/MKMA7

Back to Home