Martex Fiber Southern Corp., based in Spartanburh, South Carolina, has acquired JBM Fibers, a recycled fibre and shoddy manufacturing business based in Brownsville, Texas.
“Our acquisition of JBM Fibers’ assets will expand our pre-consumer textile recycling leadership position into the post-consumer segment,” said Martex CEO Rick Otero “JBM’s position is extremely complementary to our ‘no fibre left behind’ strategy, which diverts more than 130 million pounds of pre-consumer material each year from landfills, while also upgrading those materials into nonwovens as wiping rags and remnants for paint and industrial cleaning, shoddy for insulation and padding markets and high quality recycled yarns for knitting and upholstery applications for our global customer base. Martex Fiber’s Brownsville division will also open up markets and geographies that we had not previously served.”
Martex Fiber is a leading recycler of post-consumer textile waste, offering textile waste collection services, rag sales, and conversion into recycled fiber and yarn products. Manufacturing facilities are located in Lincolnton, Georgia and Spartanburg with administrative offices in Charlotte and Philadelphia.