Quantum Materials, LLC Acquires the Innegra™ Portfolio of High-Performance Fibers

COLFAX, N.C., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Quantum Materials, LLC ("Quantum"), a vertically integrated manufacturer of multifilament and monofilament yarns, elastomeric woven suspension fabrics and industrial textiles, has acquired the Innegra™ portfolio of patented high-performance fibers and materials. Innegra will serve as a foundational product to support Quantum's growth of new technical and industrial textile solutions for the composite and textile markets.

Quantum has accelerated its capital expenditure plan over the last three years to expand the company's manufacturing asset base to meet increased demand for domestic textile production. The expansion, which included investment in equipment and infrastructure to support the production of Innegra, has allowed the company to seamlessly merge the Innegra business into its operations post-acquisition and successfully service the brand's current customer base.

"For over 15 years, Innegra has been effectively used across a wide range of composite applications. We are excited to incorporate ...

Full story available on Benzinga.com


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