Charlotte, United States
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.
