LEVY LEAVES ANDREX: Richard Levy, director of sales of Performance Cotton, Andrex Industries’ novelty cotton product line, has resigned from the company.
Ellen Green, Andrex’s vice president, said no successor will be named.
Levy joined Andrex in May 1993 to give a lift to its novelty knit cotton business, “and it has become a profitable part of our business,” Green said.
Prior to joining Andrex, Levy had been vice president of sales and marketing in the circular knit division of Dan River Inc. Levy also has had sales and marketing stints at Ti-Caro Knits, Guilford Mills, the Alamac Knits division of then-WestPoint Pepperell and StevecoKnit — all in the cotton fabric area.Levy could not be reached for comment.
HANGING WITH THE APA: In an effort to educate consumers on the benefits of polyolefin-based products, the American Polyolefin Association has developed a new hangtag and trademark.
The tags, which will appear on various apparel and home furnishings products made with polyolefin, were unveiled at an APA board of directors meeting last Thursday at the Warwick Hotel in New York. Performance qualities covered on the hangtag outline the moisture transport-dryness — or wicking — attributes of polyolefin-based products, along with insulation properties, and information on its stain-resistancy, low fading and the fact that it doesn’t retain odors.
John Carson, APA president, said the new tags should make their debut on products early this fall. Use of the new trademark — a red and black rendering of the identification “P2 A Polyolefin Product” — began with the meeting.
CONCORD EARNINGS JUMP: Concord Fabrics Inc. reported earnings gained 52.8 percent in the third quarter ended May 29, as sales increased 6.9 percent.
Profits rose to $1.97 million, or 55 cents a share, from $1.29 million, or 38 cents, a year ago. Sales advanced to $56.4 million from $52.8 million.
The 1994 period includes operations for six weeks for Kat-Em International Inc., Los Angeles, a fabric importer acquired this past April.
For the nine months, Concord’s earnings rose 65.4 percent to $5.1 million, or $1.42 a share, from $3.1 million, or 86 cents. Included in the latest nine months is a $860,000 after-tax gain from the disposition of machinery in the company’s Chino, Calif., plant.
Sales slipped 2.6 percent to $144.5 million from $148.4 million.
Concord Fabrics manufactures woven and knitted fabrics for apparel manufacturers and retailers of apparel.
BASF SHIFTS: In a move to combine the day-to-day operations of both its textile nylon and carpet fibers divisions, BASF Corp. Monday named Walter Hubbard group vice president of its fiber products division, a new post.
Hubbard, who had been group vice president of the company’s carpet fibers group, takes on additional responsibilities for textile nylon products, which had been headed by L. Wayne Hill, group vice president, textile products.
Hill has accepted a position with parent company BASF AG, in Ludwigshafen, Germany, and details are yet to be disclosed.
Hubbard joined the company in 1965 as an industrial engineer at its former rayon staple facility at Lowland, Tenn.
He then held a number of sales and marketing posts with BASF and became president of BASF’s textile fibers group in 1989 and, in April 1993, was named group vice president of carpet fibers.
In another move, Bill Scott has been named sales and marketing manager for textile nylon products, succeeding Michael Jones, who was named director of sales and technical service in carpet products.