Spartanburg, S.C.-based Martex Fiber Southern Corp. has completed the acquisition of JBM Fibers, a recycled shoddy supplier in Brownsville, Texas. JBM supplies post-consumer, recycled textile products to a diversified customer base nationwide.
“Our acquisition of JBM Fiber’s assets will expand our preconsumer textile recycling leadership position into the post-consumer segment,” said Rick Otero, Martex Fiber chief executive officer. “JBM’s position is extremely complementary to our ‘no fiber left behind’ strategy, which diverts more than 130 million pounds of preconsumer material each year from landfills, while also upgrading those materials into wiping rags and remnants for paint and industrial cleaning, shoddy for the insulation and padding markets and high-quality recycled yarns for knitting and upholstery applications for our global customer base. Martex Fiber’s new Brownsville division will also open up markets and geographies that we had not previously served.”
Martex Fiber has been manufacturing environmentally friendly fiber and yarn products since the 1970s and has manufacturing facilities in Lincolnton, Ga., and Spartanburg, S.C., with administrative offices in Charlotte, N.C., and Philadelphia.
