State of the Textile Industry PowerPoint
State of the Textile Industry Speech
April 14, 2016
CONTACT: Lloyd Wood
NCTO Elects New Chairman for 2016
WASHINGTON, D.C. – Robert H. Chapman III, Chairman, CEO and Treasurer of Inman Mills was elected to serve as Chairman of the National Council of Textile Organizations (NCTO) for 2016 at the group’s 13th Annual Meeting held April 12-14 at The Capital Hilton hotel located in Washington, D.C. Inman Mills is a family-owned textile company headquartered in Inman, SC that manufactures yarns and fabrics – www.inmanmills.com.
Elected as NCTO Vice Chairman for 2016 was William V. McCrary Jr., President & CEO of William Barnet and Son LLC. Barnet is a global fiber, yarn and resin manufacturer. The company’s head office is located in Spartanburg, South Carolina – www.barnet.com.
2016 State of the Textile Industry Speech and PowerPoint
Before turning over his gavel to Chapman, outgoing 2015 NCTO Chairman Jeff Price delivered the 2016 State of the Textile Industry address. Price is President, Specialty Fabrics Division, of Milliken & Company – www.milliken.com.
NCTO is a Washington, DC-based trade association that represents domestic textile manufacturers.
- U.S. employment in the textile supply chain was 579,000 in 2015.
- The value of shipments for U.S. textiles and apparel was $76 billion last year, a nearly 14% increase since 2009.
- U.S. exports of fiber, textiles and apparel are up 38% over that same time period, reaching $27.75 billion in 2015.
- Capital expenditures for textile and apparel production totaled $2 billion in 2014, the last year for which data is available.