AEC Acquires Telas Elasticas S.A.R.L.

AEC Acquires Telas Elasticas S.A.R.L.
Expanded Capacity and Capabilities Engage AEC’s Growing Customer Base

Asheboro, North Carolina, May 2, 2012

AEC Narrow Fabrics has announced the acquisition of controlling interest in Telas Elasticas S.A.R.L. (Tesa) located in Honduras - its fifth manufacturing plant. The Tesa acquisition expands AEC’s product line and development capabilities, positioning it as the most capable, full-range narrow fabrics producer in North and Central America.

AEC’s President, Bob Lawson said, “This is a significant strategic step for AEC; we are now a full range supplier of narrow elastics and rigid fabrics. In Honduras, the Tesa plant will manufacture jacquards and intimate apparel elastics. AEC’s plant in El Salvador will focus on knitted production. Our capacity will grow by more than 30 percent. We have increased our ability to support our customers as they increase their production in Central and North America and move more programs back from Asia.”

Jeff Crisco, Vice President commented, “Strong quality assurance testing is one of AEC’s strengths.  The Tesa location adds new state-of-the-art QA labs, required by many of our largest customers for their exacting standards.  With production in North America, Honduras and El Salvador we are very well-situated to ensure exceptional quality as we supply and service our customers.”

AEC’s customers have very diverse requirements for woven and knitted, elastic and rigid narrow fabrics. Precision dyeing and finishing are among the capabilities strengthened with the addition of the Tesa operation.  John Crisco, Vice President, noted “This new location’s beam and skein dyeing and its extensive sample dyeing equipment will speed our ability to match customers’ new color requests.  We will also have the region’s largest silicone coating operation.”

All of AEC’s manufacturing facilities and its global customer base will benefit from the intellectual property and capabilities gained through this strategic expansion. Additional dyeing and finishing equipment and jacquard looms are planned for the US operations. These moves will also strengthen AEC’s ability to supply products under the Berry Amendment to manufacturers in the United States.

AEC Narrow Fabrics is a privately-held, woven, knitted, rigid and elastic narrow fabrics manufacturer with its headquarters in Asheboro, NC, manufacturing in Asheboro and Central America with worldwide distribution. Its products are used in the apparel, automotive, home furnishings, bedding, medical, military & first responder, industrial and recreational industries.


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Robert B. Lawson, President AEC Narrow Fabrics

John Crisco, Vice President

Jeff Crisco, Vice President