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Martex Fiber

Founded 1970 United States Charlotte, United States 63 employees Private Equity Total: $15.50M

General Information

Company Name Martex Fiber
Founded Year 1970
Location United States Charlotte, United States +4
Employees 63
Funding Stage Private Equity
Social

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About Martex Fiber

Martex Fiber is the leading textile upcycler in North America, specializing in recycling pre-consumer and post-consumer textile waste to prevent almost 200 million pounds of fabric waste from ending up in landfills each year. Recently, the company made a significant move by acquiring Bollag International's waste services division, a Charlotte NC-based company with operations in Central America, aligning with Martex's mission of "no fiber left behind."

The company's offerings include waste services for various textile operations, trading of textile waste, rags, and wipers, and conversion of textile rag into engineered recycled fiber blends suitable for a wide array of products. Martex Fiber also specializes in creating Eco2cotton yarns through its Jimtex Yarns division, transforming reclaimed fiber into eco-friendly ECO2Cotton® and ECO2fiber™ blend yarns offered in over 50 stock colors.

Founded in 1970 and headquartered in the United States, Martex Fiber has seen a recent $15.50M Private Equity Round investment in April 2012 led by Milestone Partners. With its strong emphasis on sustainability and innovative recycling processes, Martex Fiber presents an enticing opportunity for investors looking to support eco-friendly solutions in the textile industry.

Taxonomy: textile recycling, sustainable materials, waste diversion, upcycling, sustainable manufacturing, fiber recovery, industrial waste management, recycled fiber blends, Eco2Cotton, yarn production, environmentally friendly textiles, sourcing and trading, waste services, material reprocessing, sustainable supply chain

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round •••••• 1
Investor
30 Apr 2012

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Martex Fiber vs
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FAQ About Martex Fiber

Martex Fiber is North America's No. 1 textile upcycler We recycle pre-consumer and post-consumer textile wastes, diverting almost 200 million pounds of fabric waste from landfills each year. The company recently acquired Bollag International's waste services division - a Charlotte NC company with Ce...
Martex Fiber was founded in 1970.
Martex Fiber is headquartered in Charlotte, United States.
Martex Fiber has approximately 63 employees.
Martex Fiber has completed 1 funding round, raising a total of $15.50M. The latest funding stage is Private Equity.
Top alternatives and competitors to Martex Fiber include Purfi , Earth Protex, BioFashionTech, Ecoplastile , Manteco. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Martex Fiber and Purfi are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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